Share at the conference to improve the value chain of textile and garment held on 12/4, in HCMC. Mr. Tran Thanh Hai, Deputy Director General of the Import-Export Department (Ministry of Industry and Trade), said that the textile and garment industry contributed quite a lot to the economy of the country.

In 2017, this industry turnover reached $ 31 billion. The result is that thanks to the efforts of the whole industry in scale development, technology application, market expansion ... However, Mr. Tran Thanh Hai said that the efficiency of the textile and apparel industry still exists. problems. For example, the added value of the industry is only 20-60%.

Strengthening the vertical and horizontal linkages will increase the overall strength of the textile and apparel industry

According to experts in the industry, the disadvantage of Vietnamese garment enterprises is difficult to cooperate, not share, slow order completion rate. Orders that have a 6 month period can be, urgent orders in 1-2 months can not be made. Meanwhile, want to receive orders and complete the contract quickly sure the business must link together.

In addition, the textile and garment industry is facing difficulties when labor costs increase, productivity is low, etc. Some investors instead of buying goods from Vietnam have moved to Cambodia, Myanmar, ... Do It wants to develop sustainably and continue to be one of the top five countries in the textile and garment export industry which requires the industry to change.

Le Quoc An, former President of Vietnam Textile and Garment Association, said that in the coming time, Vietnam's textile and garment industry would have to carry out both horizontal and vertical chains. vertical alignment Specifically, with the horizontal link, garment companies will focus on linking the same resources to receive large orders, negotiate together reduce the cost of raw materials, transportation. Also in the vertical link chain, require linking 1, 2 or 3 phases of material, design, production, transportation, sales. When both of these chains are in good working order, they will create a common strength for the garment industry.

Jocelyn Tran, General Director of Walmart South East Asia, said that in order to increase the value of the products and join the supply chain of Vietnamese garment enterprises Nam must have appropriate strategy, good financial ability, active link together.

According to TS. Tran Du Lich, only link to complete the new value chain of the textile industry. To do the Government should also support this sector more. There is a law on supporting industry, and many other supporting policies.

Source: baocongthuong.com.vn