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

US announces final CVD on fine denier PSF from China, India

Textiles | On 19th Jan 2018

US announces final CVD on fine denier PSF from China, India

The US secretary of commerce Wilbur Ross recently announced the...

EU consumers to gain from cheaper, safer, better e-payments

Apparel/Garments | On 19th Jan 2018

EU consumers to gain from cheaper, safer, better e-payments

European consumers can now reap the full benefits of paying online...

Telangana minister pitches for investments in S Korea

Textiles | On 19th Jan 2018

Telangana minister pitches for investments in S Korea

Industries and information technology minister of India’s Telangana...

Interviews View All

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Smarth Bansal
Colorjet India Limited

We would like to venture more companies into the Indian market

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Tejas N Patel, Navin D Patel

Founded in 1999 by Navin Patel in the name of Tejas Fabrics with 100...

Silke Brand-Kirsch
Schlegel und Partner

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

Paolo Ocleppo
Sandvik Hyperion

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

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

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

January 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
69.1%
No
13.4%
Skip
17.5%

Total Votes: 97

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
63.9%
No
28.9%
Skip
7.2%

Total Votes: 97

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
87.6%
No
9.3%
Skip
3.1%

Total Votes: 97

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
8.2%
Skip
9.3%

Total Votes: 97


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