Green, clean, energy-saving production is urgent to improve competitiveness of Vietnam’s garment-textile enterprises as each year the sector spends up to 3 billion USD on production energy, heard a workshop in Ho Chi Minh City on April 11.
HCM City (VNA) – Green, clean, energy-savingproduction is urgent to improve competitiveness of Vietnam’s garment-textile enterprisesas each year the sector spends up to 3 billion USD on production energy, hearda workshop in Ho Chi Minh City on April 11.
Vu Duc Giang, Chairman of the Vietnam Textile and ApparelAssociation, said Vietnam’s garments-textiles are under the pressure of price,production cost, environmental safety and labourers’ health.
Commitments to corporate social responsibility have beenalso mentioned in articles of free trade agreements to which Vietnam is asignatory, he stressed.
Joerg Bauersachs, general director of Tal Apparel Limited’sdyeing factory, said since 2009, his factory has applied energy-savingsolutions, helping cut 26 percent of emissions and 36 percent of water used inproduction.
Nguyen Thanh Ha, a representative of the Stateadministration for comprehensive growth project of the US Agency forInternational Development (USAID), said the problem lies with how to reduceemissions and waste water.
He also underlined the need for enterprises to revamp theirproduction processes towards international standards for emissions, waste andwaste administration.
The USADI has partnered with the Vietnamese Ministry ofIndustry and Trade (MoIT) to improve garment-textile firms’ energy-savingcapacity, while helping them access loans to carry out energy-saving projects,he said.
According to Hoang Van Tam from the MoIT said an alliance ofsustainable garment-textile firms is expected to officially make its debut inVietnam in June 2018, assisting the businesses in improving productionenvironment and cutting pollutants. -VNA
Vietnam’s exports of textile and garment in the last two months of 2017 was estimated at 5.27 billion USD, bringing the total export revenue this year to 31 billion USD, a year-on-year increase of 10.23 percent.
Free trade agreements (FTAs) that Vietnam has signed and is going to sign have helped local firms diversity their export markets, according to Chairman of the Vietnam Textile and Apparel Association Vu Duc Giang.
The Vietnam Textile and Garment Industry Expo – SaigonTex 2018, the biggest and most influential event of the textile and garment industry of Vietnam, opened in Ho Chi Minh City on April 11.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
Illustrative photo (Photo: VNA) 
