Fashion News

US, Vietnam start economic, trade negotiations

Vietnamese industry and trade minister Nguyen Hong Dien began talks on economic and trade issues with the US yesterday through a conference call to US trade representative Jamieson L Greer.
Dien said Vietnamese ministries and the industry stand ready to address US concerns and work together to find mutually-beneficial solutions based on the principle of harmonised interests and shared risks.Read More

24.04.2025Comments Off
Trump indicates India intends to lower tariffs on certain goods

After US vice president JD Vance said at Jaipur that India and the US have finalised terms for trade negotiations, President Donald Trump yesterday indicated receiving confirmation suggesting India intends to lower tariffs on certain goods.
“I understand that India will reduce tariffs,” he said.
US and Indian officials started formal talks on a planned bilateral trade pact in Washington yesterday.Read More

24.04.2025Comments Off
Vietnam PM calls for thorough preparation for tax negotiations with US

Vietnamese Prime Minister Pham Minh Chinh has called for thorough preparation for tax negotiations with the US, stressing on the need for a swift, flexible approach that protects domestic interests and restructures export dynamics.
The country has ordered enterprises to purchase gas, Boeing aircraft and transport planes from the US to help balance trade, he said at a government meeting.Read More

24.04.2025Comments Off
India reimposes MIP on 4 synthetic knitted fabric codes

India has reimposed a minimum import price (MIP) of $3.5/kg on four HSN codes covering synthetic knitted fabrics, effective until March 31, 2026.
The move follows a 22-day gap in April that likely led to a surge in imports.
While nine other codes are now subject to a fixed ₹115/kg basic duty, over three dozen codes remain unrestricted, prompting concerns of diversion to avoid MIP and customs duties.Read More

24.04.2025Comments Off
Outlast creates smart denim with built-in temperature regulation

Outlast Technologies has introduced temperature-regulating denim that adapts to body heat, enhancing comfort without compromising denim’s durability.
Using natural wax embedded in fibres, the fabric stores and releases heat as needed.
Partnering with Pakistan’s AGI, Outlast ensures the innovation withstands denim’s tough wash processes and lasts throughout the garment’s life.Read More

24.04.2025Comments Off