Traditional markets - acceleration
The traditional export markets are growing well in 2014, as VN textile export to the US market continued to power growth. Compared to the national competition in the US market will see, VN continued to grow double-digit lead, while other countries or even slightly negative growth. The market share of textile products in the US VN 8.4%, up 0.6 percentage points compared to 2013. Forecasts textile exports to the US in 2015 by VN continued to grow well, up 13 % compared to 2014, reaching over 11 billion US dollars.
With the EU, in 2015, if the FTA VN - EU was signed, the growth of textile exports to the EU will prosper VN similar case of Bangladesh strong growth in the EU since the tax incentives GSP. Forecast 2015, textile exports to the EU VN will maintain growth momentum and reach over $ 4 billion.
The rise of Japanese investors to invest in the production of raw materials in the textile industry in VN was created for textile industry VN opportunity to take advantage of the rules of origin and gradually meet standards technical and environmental exports to Japan. 2015, forecasting total textile exports to Japan of VN may reach $ 2.9 billion, up 9% compared with 2014.
Meet the new requirements
As discussed above, the characteristics of a free trade agreement coming into force are interested in the origin of fiber (TPP), the fabric (EU) also consistent with the strategy to enhance the price VAT and higher position in the global supply chain. The preparatory activities to best meet the new requirements of the textile industry will revolve around three key content:
First, investment in manufacturing woven and knitted fabrics. In particular it for 2 years from 2015 to 2016 and the subsidiary company VINATEX investment focus areas concentrate production of raw materials including: Pho Noi B Industrial Zone with 8-3 core investment Textiles Company production of woven fabrics capacity of 25 million meters in expanding knitting factory are from 3000 tonnes - 5,000 tonnes of years, invested more fiber plant capacity of 5,800 tonnes of years; Khoái Chau Industrial Park, specializes in making investment lightweight knitwear factory has a capacity of 3,000 tons year, 3,000 tons of yarn factory in ...
In addition, Vinatex also invest more in 2 years on the 200 assembly line. According to the 2016 total production capacity of woven fabrics from yarn in place increased over 100 million meters (an increase of 40% over current capacity); knitted fabrics increased 20,000 tons year (double the current capacity); add 29,000 tons of fiber type year (25% increase current capacity). With the investment program, from 2017 VINATEX can be active on 55% fabric of their kind in the DN string. Expected total investment estimated 9,000 billion.
Second, the current VINATEX Center has established a new business structure and function of the parts of the Group's market from a purely advisory to the business. Business focus for the project investment group and associated companies in the corporate chain. There has been started with the first purchase. The orientation of the leading enterprises gradually over 2 and ODM orders FOB, priority negotiating the use of materials of the group, signed commitments product consumption fabric for projects
Third, prepare human resources, which form the training center managers and senior middle of the second group in the north and south. Develop training programs for plant managers period of 3-6 months. Also continue to recruit and train additional projects. Even the experts manage foreign dyeing to be located in the key projects at Independence Air, Pho Noi, Nam Dinh, Yarn dyed Xuyen ...
Source: Vitas
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