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Vietnamese Garment And Textile Manufacturers Strive To Occupy The Domestic Market

2011/10/25 11:46:00 20

Vietnam chamber of Commerce and Industry International Trade Vo Thanh Thu, a consultant to the policy committee, said that export revenues from clothing and textiles grew year by year. However, all clothing and textile businesses rely on imported materials. Serving clothing and Spin 60% of the material of the Department is imported from abroad. 60% of the commercial units in the manufacture of garments and textiles are based on orders and design of foreign companies. production 。 As a result, the clothing and textile sectors have created less volatile values.

Most of Vietnam's export garments are old intensive products. Domestic commercial units did not penetrate into the global supply chain, only small-scale operations. Therefore, it is very difficult for them to enter the market.

Li Jin, deputy manager of Vinatex, said that by 2012, Vietnam's clothing and textile industry will face difficulties in the export market, due to the debt crisis in Europe and the United States. Clothing consumption in other markets will drop. For Vietnam's clothing and textile businesses, this will create more difficulties.

Power of clothing and textile sector

To promote the development of the clothing and textile sectors, Vietnam national garment and Textile Group recently launched a departmental development plan for 2020. According to the plan, the Department will achieve export earnings of US $25 billion and generate 3 million jobs. In 2011-2020 years, the sector will grow by 12-14% per year and export revenue by 15%. By 2020, fiber consumption will reach 650 thousand tons / year, the fabric will consume 2 billion square meters per year, and the output of clothing will reach 40 million tons per year.

In addition, Li also emphasized the need to increase the proportion of domestic ingredients in clothing and textile products and increase their value. In 2010, the proportion of domestic ingredients in Vinatex products reached 49%. The Department has worked hard to increase this figure, reaching 60% in 2015 and supplying raw materials to all stages. It is estimated that by 2014, the fiber sector will meet the domestic demand of 60-70%, through the establishment of Dinh Vu fiber production plant and the establishment of afforestation projects in Laos. The Department has conducted surveys in Kampuchea and Canada to implement other forestation plants to provide materials for clothing and textiles.