Home / Knowledge / News / Textiles / Handicraft industry standing at crossroads
Handicraft industry standing at crossroads
02
Dec '08
Vietnam has a very vibrant handicraft industry and the roots of the sector are spread across the country from urban to more particularly the rural areas. Infact it is the rural areas more so, which are helping in keeping alive the age old traditions in the country. Exports of handicrafts are also doing very well, thanks to these artisans. Handicraft exports in 2007 stood at US $824 million.

But the artisans are facing a very piquant situation, wherein, they are running out of raw materials for creating the exquisite handicraft products for the export markets and for which they are famous, all over the world. Added to this, is the economic crisis which is making things more difficult for the sector.

There are over 2,000 small and big villages engaged in manufacturing of handicrafts; thereby providing employment to hundreds of thousands of people. The artisans are mainly involved in creating handicrafts from cloth, wood, rattan and bamboo. The main reason for the scarcity of raw materials is that the sources for sourcing the vital raw materials are drying up.

Experts are suggesting sustainable exploitation of forests and its resources; otherwise they warn that in a few years time, there would not be any raw material of consequence left for the industry to survive. They suggest involving these rural artisans and teaching them the basic tenets of sustainability of these assets, so vital for their survival.

The other most important speed breaker coming in the further development of the sector is the availability of credit to these handicraft units and artisans. Either the banks are not willing to provide credit to these artisans, or those who have access to funds from banks have to do with high interest rates which is one of the biggest stumbling blocks in the sector multiplying at a solid growth rate.

Fibre2fashion News Desk - Vietnam


Must ReadView All

Courtesy: Kai Pilger from Pexels

Apparel/Garments | On 26th Apr 2018

FOBAP in the Philippines trying for garments sector revival

The Foreign Buyers Association of the Philippines (FOBAP), a body...

German investors keen to invest in Pakistan: top official

Textiles | On 26th Apr 2018

German investors keen to invest in Pakistan: top official

A German traders delegation will soon visit Pakistan to explore...

Courtesy: Uster

Textiles | On 26th Apr 2018

Uster Technologies acquires Elbit Vision Systems

Uster Technologies has announced the successful closure of the...

Interviews View All

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Cindy McNaull
Cordura

We have broad range of options in durable fabrics

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

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 ...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

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