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
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


Interviews View All

Top executives, Textile industry

Top executives
Textile industry

Sri Lanka has a good sustainable track record and strong stories to back it

Textile industry, Head honchos

Textile industry
Head honchos

Athleisure is the current buzzword in fashion

Cindy McNaull, Cordura

Cindy McNaull
Cordura

We have broad range of options in durable fabrics

Urmil Arya,

Urmil Arya

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

Teresa Neal,

Teresa Neal

Teresa Neal, an art professional with 25 years of experience, in...

John Kelley,

John Kelley

Textile Events is one of the largest textile fair in the United Kingdom,...

Thomas Ong P S, NanoTextile

Thomas Ong P S
NanoTextile

Malaysian company NanoTextile Sdn Bhd taps into the potentials of...

Johan Berlin, Investkonsult Sweden AB

Johan Berlin
Investkonsult Sweden AB

Investkonsult Sweden AB are consultants in the nonwoven and absorbent...

Urs Stalder, Sanitized AG

Urs Stalder
Sanitized AG

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

Wendell Rodricks, Wendell Rodricks

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Sandeep and Sarah Shaikh Gonsalves, SS Homme

Sandeep and Sarah Shaikh Gonsalves
SS Homme

SS Homme celebrates the craft of traditional tailoring through the bespoke ...

Sneha Arora, Label Sneha Arora

Sneha Arora
Label Sneha Arora

Sneha Arora, an alumnus of National Institute of Fashion Technology,...

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


October 2019

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

news category


Related Categories:

Follow us on instagram

Follow

Follow Fibre2Fashion On


Advanced Search