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Vietnamese textiles will face stricter environmental norms
May '14
Textile manufacturers, especially exporters, in Vietnam would have to face stricter environmental standards in the coming years, speakers at a seminar said.
The seminar on ‘Environmental issues & development objectives and cooperation between Target businesses’ was organized by the Vietnam National Textile and Garment Group (Vinatex), in cooperation with the US-based Target Corporation earlier this month.
Speakers at the conference said that very few Vietnamese textile enterprises currently meet the environmental standards that are prescribed by foreign importers, and this can create a hurdle in the growth of textile exports in the near future.
Mr. Dang Vu Hung, Deputy General Director of Vinatex, said the standards for environmentally sustainable clothing are increasingly becoming stringent for domestic textile enterprises that export to other countries. And only very few businesses meet the requirements of environmental sustainability as sought by overseas garment importers, he added.
According to Mr. Hung, formerly, textile manufacturers only had to meet the standard on social responsibility of business, but in the near future, many importers will demand that the enterprises meet additional standards of environmental sustainability, especially the standard green production, wastewater treatment, and recycling of textile waste to ensure that it does not harm the environment.
He said only 5-10 percent of about 200 Vinatex members and business associates meet the environmental sustainability standards as desired by foreign importers.
He added that Vinatex’s goal is that around 30-40 percent of the Group’s businesses achieve sustainable environmental standards by 2020. To achieve this goal, 15 percent of Vinatex’s total investment each year would be invested in attaining environmental sustainability standards, particularly focusing on complete wastewater treatment systems and thermal insulation systems.
The representative of the Target Group, the second-largest retail group in the US, said Vietnam is a strategic partner for Target, and if the Trans-Pacific Partnership (TPP) is signed, then Target group will speed up its market development in Vietnam.

Fibre2fashion News Desk - India

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