Home / Knowledge / News / Textiles / Productivity is raised by skills rather than increasing labour - Chairman, Vinatex
Productivity is raised by skills rather than increasing labour - Chairman, Vinatex
27
Nov '08
Mr Le Quoc An, Chairman, VINATEX
Mr Le Quoc An, Chairman, VINATEX
Over the last many years, Vietnam's textile and garment industry witnessed strong development. Vietnamese textile and garments products have made a way into the world market, thus rendering a vital role in the economic development of the country. Year by year, this emerging country in textile and garment industry has been marking up-trend in the graph of exports products.

The prestige and quality of Vietnamese textile and garments are being recognized in the world market and the industry has seen development in terms of number of enterprises; state-owned enterprises; limited liability companies, joint stock companies, private companies; investment projects, joint ventures, foreign equities with increased FDIs; employment; and production capacity too.

It is noteworthy that despite of challenges like global financial crisis, fierce competition from established countries, domestic high inflation, labor fluctuation etc.., in first 10 months of the year 2008, Vietnam embarked 7.6 billion USD in textile and garment export; a growth of over 20% year-on-year. However, with recession getting acute problem and the situation long-drawn-out, like all other countries, Vietnam is obvious to face consequences.

In such milieu, what policies will Vietnam adopt making itself resilient and win over these dilemmas? What resolutions the Country has made to sustain itself on the path of progress while stepping towards the new year of 2009 that may bring along a new set of challenges in the form of new textile trade treaties and existing laws: some of which can get extensions whilst some may see off?

For answers to these questions and some others, click here to read an exclusive interview conducted by Face2Face team with Mr Le Quoc An, Chairman, Vietnam National Textile Garment Group (VINATEX)

About VINATEX:
It is a complex that is owned by companies including Vietnam Textile Garment Group (the mother company), the centers for research and training, and nearly 100 sub-companies. These sub-companies are joint stock companies that do business in different fields, e.g., produce textile garments and run commercial services. They also have their distribution systems including wholesale and retail dealers. They invest in finance and in supporting main garment textile production.

Fibre2fashion News Desk - India


Must ReadView All

UNIDO, eWTP discuss strengthening ties to back e-commmerce

Textiles | On 25th Apr 2018

UNIDO, eWTP discuss strengthening ties to back e-commmerce

United Nations Industrial Development Organisation director general...

Courtesy: HueTrap

Apparel/Garments | On 25th Apr 2018

Making sustainability affordable is a big challenge

In a lot of instances, being sustainable comes with an additional...

Courtesy: Formosa Petrochemical Corporation

Textiles | On 25th Apr 2018

Formosa to set up petrochemical plant in Louisiana

Formosa Petrochemical Corporation has selected St. James Parish in...

Interviews View All

Jim Desai
Blaiva Fabricaa

Fashion industry likely to remain labour-intensive in coming years

Janak Dhamanwala & Sunil Dhamanwala
Jansun

Moving towards sustainability is also a social change

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Tom Adeyoola

Describing itself as the best body shape and garment fit company in the...

Urmil Arya

Sushila International, a well established textile organisation established ...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


April 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.9%
No
12.6%
Skip
17.5%

Total Votes: 103

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.1%
No
29.1%
Skip
7.8%

Total Votes: 103

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.4%
No
8.7%
Skip
3.9%

Total Votes: 103

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
82.5%
No
7.8%
Skip
9.7%

Total Votes: 103


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search