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The textile industry strives to achieve more in 2017

Ngày cập nhật: 09-14-2017

May export clothes at Hue Textile Joint Stock Company.

May export clothes at Hue Textile Joint Stock Company. (Photo: Quoc Viet / VNA)
Le Tien Truong, General Director of Vietnam Textile and Garment Group, said that in 2017, Vietnam's textile and garment industry aims to export more than 30 billion USD.

On the sidelines of the meeting in 2016 and the deployment of 2017 tasks of the industry and trade held on January 6, the VNA reporters had a quick talk with Le Tien Truong - General Director of Vietnam Textile and Garment Group - about industry orientation.

- In the year 2016, the textile and garment industry faced many difficulties in the context of falling market. Please tell us with the drastic solutions that helped the industry achieve growth as last year?

Mr. Le Tien Truong: In 2016, due to global demand, all importing countries will import lower than in 2015, so many exporting countries have difficulties in developing the market. Even major countries such as India and China have been declining exports in comparison with 2015. In 2016, Vietnam was the fastest-growing exporter of textiles and garments at 5.2 percent, the highest level in seven years. the world's largest textile.

We think the biggest solution is that the business community continues to focus on improving productivity associated with on-time delivery as well as activities to improve the local supply chain to reach markets in More difficult, smaller orders that still serve.

Moreover, with the active of the business community, domestic macroeconomics, administrative reforms implemented by the Government in 2016 also had positive impacts. First and foremost is the spirit of homebuilders, suppliers see an improved business environment. In particular, administrative reforms at the Ministry of Industry and Trade, Finance, Taxation and Customs have helped to shorten the duration of public services.

With the fashion industry, delivery time can be considered as the core element of competition, so that Vietnam continues its strong administrative reform, shortens the time of public services, Reducing public service costs will also be a great help for businesses in the coming years.

- So, what will the 2017 task of the textile and apparel industry be like?

Mr. Le Tien Truong: In 2017, the market situation will be similar to 2016 or there will be some brighter signals when the US economy tends to grow better and the level of consumption and consumption of the market. This field is also expected to improve over 2016.

Therefore, the textile and garment industry has set a target of 2017 with a growth rate of 6.5-7%, reaching over USD 30 billion in 2017. However, to achieve this result, Both on the corporate side, state management and socio-economic infrastructure in general. In particular, focus on productivity, improve labor costs on a product and shorten service delivery times to the place. In addition, focus on strengthening the distribution network logistics for the country.

- The Vietnam-EU Agreement and a number of other trade agreements are also favorable in 2017. What do you think about the impact of these agreements on the textile and garment industry?

Mr. Le Tien Truong: The Vietnam-EU Agreement is a very large agreement because the size of the European market is up to $ 200 billion a year. However, 2017 is not yet in effect and is expected by 2018. Nevertheless, 2017 is still considered as a year to prepare for the requirements of this Agreement because of the requirement for rules of origin for fabrics. Therefore, Vietnam must be well prepared to take advantage of the Agreement.


After the entry into force of the Vietnam-EU Agreement, we will have the same competitive edge with other GSP beneficiary countries, such as Cambodia, Bangladesh and Myanmar, for some major categories of textile. sew. This is also a region with good growth rates in 2018. For example, Bangladesh has up to 40% of export turnover to Europe up to 15 billion USD, while Vietnam is only 4 billion USD. We still have a lot of opportunities here.

With other bilateral and multilateral trade agreements due to the smaller size of the market, the overall impact on the industry in the coming time is not so much, but also a new opportunity for SMEs to find opportunities. its export activities.

The textile industry strives to achieve more in 2017

The textile industry strives to achieve more in 2017

The textile industry strives to achieve more in 2017

The textile industry strives to achieve more in 2017

The textile industry strives to achieve more in 2017
The textile industry strives to achieve more in 2017
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