The International Finance Corporation (IFC), a member of the World Bank Group, has helped Vietnamese garment-textile outsourcers save over 20 percent of water and energy consumption.
The garment-textile sector is the second biggest exporter of Vietnam (Source: VNA)
HCM City (VNA) – The InternationalFinance Corporation (IFC), a member of the World Bank Group, has helpedVietnamese garment-textile outsourcers save over 20 percent of water and energyconsumption.
The information was released at a workshopreviewing the programme on enhancing resource-efficient consumption held by IFCin Ho Chi Minh City on June 21.
The sustainable production project has beencarried out in 28 enterprises and factories nationwide doing outsourcing for VFGroup and Target Group over the past 18 months, mostly in the stages ofcutting, sewing, dyeing, printing and laundry.
The project, worth 9.9 million USD, appliedmeasures to enhance resource-efficiency, saving 15 million USD for Vietnameseenterprises thanks to reducing water, energy, chemicals consumption.
Once implementing all recommendations under theproject plus an additional investment of 26 million USD in new equipment, thetargeted enterprises will save up to 2.8 million cubic metres of water and562,000 tonnes of greenhouse gas per year in the next two years.
Kyle Kelhofer, Country Director of IFC for Vietnam,Cambodia and Laos, said the outcomes of the project in the first stage haveproven economically efficient thanks to resource saving.
With fast growth in the nation’s economy as wellas in the garment-textile sector, measures to enhance resource-efficiency inthe garment and textile sector will open up important opportunities for Vietnamto boost sustainable growth in private sector, he said.
They will also help Vietnamese factories to saveproduction cost while promoting resource-efficient consumption and sustainabledevelopment, he added.
IFC plans to work with other leading globalbrands to promote implementation of the programme in Vietnamese outsourcers.
The garment-textile sector is the second biggestearner of foreign currency of Vietnam, earning over 27 billion USD from exportper year.-VNA
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The garment-textile sector is the second biggest exporter of Vietnam (Source: VNA) 
