garment factories news and archive

Bangladesh: 319 garment factories to close

Running a garment factory is no easy task, even - or especially when - more than 80 percent of all exports are taken up by readymade garments. And even when safety requirements have been fulfilled. There are many other factors like local and global competition, constant time pressure, shortages of resources like electricity and gas, high...

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Vietnam: government to inspect garment factories

The Vietnamese government, more specific its ministry of labor, war invalids and social affairs, kicked off a campaign last week in Ho Chi Minh City to carry out major inspections of garment factories, to be completed by October. The nationwide inspections will cover 150 garment factories in 12 cities and provinces by October and will focus on...

Fashion

VF Corp provides financing to improve Bangladeshi factory safety regulations

US apparel giant VF Corporation and IFC, a member of the World Bank Group, have teamed up through a new programme to provide loans to Bangladeshi garment factories to improve fire and building safety causes. Under the innovative financial arrangement, three Bangladeshi factories were the first to receive loans to promote worker safety. VF Corp...