Garment companies are hugely dependent on imported fabric. (Photo: VNA) HCM City (VNS/VNA) - Lopsided development of its various segments and dependenceon imports have weakened the textile industry’s competitiveness andcreativeness, experts said.
Nguyen VanTuan, Chairman of the Vietnam Cotton and Spinning Association, told Thoi BaoKinh Doanh (Business Times) newspaper that while the yarn and apparel segmentshad grown strongly, others like dyeing were poorly developed, causing abottleneck.
Besides,garment companies were hugely dependent on imported fabric, he said.
In 2017,for instance, 6.5 billion metres of cloth were imported, or two thirds of theindustry’s entire demand.
Vietnam’scustoms data shows imports in May were worth 1.35 billion USD, taking the totalfor the year to 5.43 billion USD, a 5.8 percent rise year-on-year.
“Becauseof dependence on imported fabric, companies have lost their creativity and socannot add value,” Tuan said.
Concurringwith the idea, Tran Thi Thu Hien of the Chien Thang Garment Company said themain weakness of garment companies was their dependence on imported cloth,mostly from China.
That wasalso a reason Vietnamese companies were expected to face difficulties after thecountry joined free trade agreements like the CPTPP since China is not a memberof these agreements.
Besides,the huge fabric import was a paradox considering two thirds of the fibreproduced in the country, or 750,000 tonnes, were exported every year atincreasingly lower prices.
Expertsattributed this to the poor development of the dyeing segment.
They saidlocal companies lacked proper awareness of the dyeing process. They also lackedthe technologies, human resources and skills required to develop this sector.
Furthermore,there were no industrial zones fully equipped to serve the dyeing industry,they said.
Tuan saiddeveloping the fabric and dyeing segments would be the key factor in the growthof the garment and textile industry.
He calledfor establishing industrial zones specialising in dyeing and cloth production.
Attractingforeign direct investment in the industry was also a key requisite for itsdevelopment, he said.
Besides,there was a need for training human resources, he added.
Expertssaid most garment and textile companies had to hire foreign experts in dyeing,which pushes up their production costs.
Soinvesting in the training of human resources was vital to developing the dyeingsegment, they added.-VNS/VNA
Nguyen VanTuan, Chairman of the Vietnam Cotton and Spinning Association, told Thoi BaoKinh Doanh (Business Times) newspaper that while the yarn and apparel segmentshad grown strongly, others like dyeing were poorly developed, causing abottleneck.
Besides,garment companies were hugely dependent on imported fabric, he said.
In 2017,for instance, 6.5 billion metres of cloth were imported, or two thirds of theindustry’s entire demand.
Vietnam’scustoms data shows imports in May were worth 1.35 billion USD, taking the totalfor the year to 5.43 billion USD, a 5.8 percent rise year-on-year.
“Becauseof dependence on imported fabric, companies have lost their creativity and socannot add value,” Tuan said.
Concurringwith the idea, Tran Thi Thu Hien of the Chien Thang Garment Company said themain weakness of garment companies was their dependence on imported cloth,mostly from China.
That wasalso a reason Vietnamese companies were expected to face difficulties after thecountry joined free trade agreements like the CPTPP since China is not a memberof these agreements.
Besides,the huge fabric import was a paradox considering two thirds of the fibreproduced in the country, or 750,000 tonnes, were exported every year atincreasingly lower prices.
Expertsattributed this to the poor development of the dyeing segment.
They saidlocal companies lacked proper awareness of the dyeing process. They also lackedthe technologies, human resources and skills required to develop this sector.
Furthermore,there were no industrial zones fully equipped to serve the dyeing industry,they said.
Tuan saiddeveloping the fabric and dyeing segments would be the key factor in the growthof the garment and textile industry.
He calledfor establishing industrial zones specialising in dyeing and cloth production.
Attractingforeign direct investment in the industry was also a key requisite for itsdevelopment, he said.
Besides,there was a need for training human resources, he added.
Expertssaid most garment and textile companies had to hire foreign experts in dyeing,which pushes up their production costs.
Soinvesting in the training of human resources was vital to developing the dyeingsegment, they added.-VNS/VNA
VNA
