On 18/01/2018, in Vietnam, Vietnam Textile and Garment Group (Vinatex) held a conference to summarize business performance in 2017 and implement the plan in 2018.

Attending the conference were Mr. Tran Thanh Khe, Member of the Communist Party Central Committee's Commission for Propaganda and Training; Mr. Pham Tuan Anh, Deputy Director of Department of Industry, Ministry of Industry and Trade; Mr. Vu Duc Giang, Chairman of Vietnam Textile and Apparel Association; Mr. Le Nho Thuong, President of Vietnam Textile and Garment Union; Mr. Tran Quang Nghi, Chairman of Vinatex; Mr. Le Tien Truong, General Director of Vinatex; the members of the Board of Directors, the Executive Board, the Supervisory Board, the Heads and Deputy Directors of Vinatex, and the Chairman and General Directors of the member units of the Group.

Completing 100% of the tasks assigned by the Government

On behalf of the Group's leaders, General Director Le Tien Truong has reported the business results of 2017 and the plan for 2018. Accordingly, in 2017, the global textile and apparel demand will decrease 0.85% compared to the year. In which, US textile imports decreased by 0.2%, EU by 0.3%. Along with the pressure of the TPP Agreement, the textile and garment export situation in the first months of the year has been extremely difficult. However, with high determination and hard work, the textile and garment industry has gradually stabilized, overcome challenges and exceeded the target set in 2017 with export turnover reached over 31 billion USD. , increasing by 10.23% compared to 2016. Of which, export turnover of Vinatex reached 3.2 billion USD, growing more than 10%, exceeded the export growth plan and was the only unit to complete 100% of tasks. as assigned by the Government.

In addition to maintaining good growth in major export markets such as the US, EU, Japan and South Korea, the Vietnamese textile and garment industry has been striving to diversify its markets and make a breakthrough. In other markets such as China, Russia, Cambodia ... In addition to traditional textiles, high value-added items such as fabric, fiber, geotextile, textile accessories there is also very good growth.

Change to achieve the 2018 target

2018 is forecasted to be a sustainable global GDP, but political and economic instability in the world, especially the situation in Korea and the United States, may have a negative impact on consumer demand. Consequently, the global textile and garment demand will only increase 1 - 2%, even without change. However, Vietnam's textile and garment industry has set a high target, striving to achieve a growth of $ 34 billion, a 10% increase compared to 2017. To achieve this growth, the whole industry must focus on changing the industry. It is the leader in the world market in order to create a stable, sustainable and efficient textile and garment industry. Vinatex will have to implement solutions in terms of role of representative, market, investment, labor and risk management.

Speaking at the meeting, Vu Duc Giang, Chairman of the Vietnam Textile and Apparel Association, said that in 2017, Vietnam's textile and garment industry exported over US $ 31 billion, of which about 64% was owned by FDI enterprises. , this is a challenge for domestic garment enterprises. In addition, the issue of divestment of government in accordance with the Government's roadmap with Vinatex in 2018 also caused great pressure on the enterprises of the Group. Therefore, Party Committee and leaders of Vinatex in the coming time should make recommendations to the Government, Ministry of Industry and Trade to have a roadmap for partial divestment of the Group. Vinatex's textile and garment enterprises lack the linkage and overall look of the sector, so Vinatex's leaders need to build the human resource management problem, creating a unified model in all enterprises in the Vinatex. Group to create link chain.

Unite to build culture Vinatex

Mr. Tran Quang Nghi, Chairman of the Board, highly appreciated the efforts of the Group Management and business leaders to achieve growth in the context of many difficulties. 2018 is an important year when the Government divest in accordance with the roadmap, this is the turning point for the Group to continue to innovate and strongly develop the set targets. Enterprises should continue to promote the spirit of solidarity and close links with each other to create synergy for the whole Group.

In the coming time, Vinatex executives need to be more decisive in personnel planning, evaluating, enhancing staff and proposing solutions for senior and middle management personnel in the units. members and the Northern Textile and Garment Corporation, Southern Textile and Garment Corporation. Balance the allocation of business plans in the units on the basis of full evaluation of market factors, people, brands, development potential, intangible assets ... to have the most accurate assessment of the next Plan for 2018. Study the centralized market organization model, work with large customers to link and cooperate to exploit the available capacity of enterprises. Use finance, smart labor, self-employed products. Renovation of the way of taking care of the employee's life and the activities of the trade union movement (skilled workers, sports and foreign languages). With the system of vocational schools under the Group such as Hanoi Textile University, Nam Dinh Textile-Garment College, Vinatex Technical and Economics College. Ho Chi Minh City and Long Bien Vocational College, it is necessary to study the export of garment and textile under Vinatex. All enterprises of the Group should build the culture and communication of Vinatex.

The conference heard presentations on fiber investment and development trends, views and investment patterns for knitwear and denim; Report on the development of the 4.0 textile industry in 2017; Recommend to businesses on market and labor productivity in the garment industry; The development of e-commerce ... At the conference, the leaders of the Group presented medals to two comrades Pham Duy Hanh and Hoang Ve Dung, Deputy General Director of Vinatex to prepare for the holiday according to the regime and awarded Decision appointing Mr. Cao Huu Hieu, Head of Investment Board holding the position of Managing Director of Vinatex.