Green production is the future of Vietnam's textile industry

VCN - Mr Vu Duc Giang, Chairman of the Vietnam Textile and Apparel Association, shared about the programs and orientations implemented by the Vietnamese textile and garment industry to ensure the development of the industry in response to new market requirements.
Failure to meet Failure to meet "green" standards, businesses may not be able to export goods
Addressing agricultural emissions key to green production in Vietnam Addressing agricultural emissions key to green production in Vietnam
Vietnam eyes transition to green production for sustainable value Vietnam eyes transition to green production for sustainable value
Mr Vu Duc  Giang, Chairman of Vietnam Textile and Apparel Association
Mr Vu Duc Giang, Chairman of Vietnam Textile and Apparel Association

Please share the orientation of greening and sustainable development of Vietnam's textile and garment industry in the coming time. What is the current situation of enterprises in the transition to green production?

Greening and sustainable development is the inevitable trend in the market. If we do not catch up with this trend, the Free Trade Agreements that Vietnam has signed will not be effective for Vietnam's textile and garment industry in general and individual businesses; even businesses may gradually lose profits because orders are shifted into the hands of rival countries.

The orientation of greening and sustainable development has been set out in the draft Strategy for developing Vietnam's textile and garment industry by 2030, with a vision to 2035. On that basis, each enterprise will have its solution to catch up with the trend and the requirements of major markets such as Europe, the US and Japan. To achieve this goal, there is no other way but the business community, led by the role of Vietnam Textile and Apparel Association, has to develop solutions and make demands from brands, and importers, so that businesses can be proactive and adapt to the investment in facilities and infrastructure, as well as invest in people to meet that requirement. Therefore, in the coming time, each business must come up with a roadmap for each year to adapt to this trend.

In Vietnam, many businesses, such as Tan De Garment Joint Stock Company in Thai Binh province, have achieved the standards of greening and sustainable development. This enterprise is surrounded by a forest where there are factories inside. This enterprise has 19,000 employees divided into 7 areas; each area is nearly 10 hectares wide. This enterprise has invested in infrastructure that meets all standards on greening, environmental standards, using clean water sources, and renewable water sources to serve sustainable development.

However, it should be noted that not only sustainable development but also development based on transparency and parallel with ensuring the transparency of each enterprise is of urgent need. Today's brands are not only looking at green issues, saving water, or using solar and renewable energy but most importantly, all of that must be reflected in numerical value management. As a result, the IT of each unit is in charge of proving how the business operates and is controlled to achieve its goals and standards.

In addition to the strategy of greening and sustainable development, the textile and garment industry also sets a goal to gradually shift from CMT to FOB, ODM, and OBM. How will this goal be accomplished, Sir?

Vietnam Textile and Apparel Association encourages enterprises to develop from CMT to FOB, ODM, and OBM based on 3 main pillars.

First, promote investment in the short supply of the industry by being proactive in domestic raw materials and not heavily depending on overseas materials. Each country has its strengths, and so does Vietnam. The orientation from the Government in the development strategy of Vietnam's textile and garment industry to 2030, with a vision to 2035, will be the legal basis for this. In detail, Vietnam is focusing on the infrastructure of industrial parks so that the Vietnam Textile and Apparel Association and the business community call for investment in the supply shortages, especially in fabrics such as woven fabrics, high-grade fabrics and yarns.

Second, encourage businesses to train designers' resources because p ODM and OBM goods originated from the design. Third, by 2035, the Vietnamese textile and garment industry desires to achieve about 15% of exports with Vietnamese brands. This is the aspiration that the Government has assigned the Vietnamese textile and garment industry to implement in the 2035 -2045 solutions.

Third, the Vietnam Textile and Apparel Association proposes a series of mechanisms and policies for businesses, especially the issue of promoting financial resource capacity and creating a mechanism and policies on interest rates for bank loans so that businesses can actively finance FOB and ODM sales.

Vietnam's textile and garment industry targets export turnover in 2023 at 47-48 billion USD. On what basis is this number given when the market context is difficult, Sir?

The number 44 billion is a realistic target that the textile industry has achieved this year, and by 2023, we set a target of 47-48 billion USD as a basis. Firstly, according to the tax reduction roadmap of the EVFTA Agreement, in 2023, the tax rate for many items will be 0%. Second, during his recent visit to Europe, the Prime Minister is also promoting investment agreements with Europe, which are considered premises for developing industries, including the textile industry.

Third, pressure-hit enterprises in 2022 have learned lessons. Instead of specialized products as before, enterprises have produced and diversified products. Over the past time, thanks to diversification, businesses have maintained jobs for employees and have been able to maintain the growth rate, even though the growth is not as expected.

Thanks to the timely transformation from knitwear to woven goods, enterprises can also withstand the pressure of producing small orders with fast delivery time. Businesses have also diversified their markets. On the other hand, enterprises have paid more attention to traditional markets such as the markets of countries in the Russia - Soviet Union (former), African countries, and Middle East markets. Especially, China is now one of the main markets of Vietnam's textile and garment industry.

Thank you, Sir!

By Nguyen Hien/ Thu Phuong

Related News

The wood industry seizes opportunities amid changes in the export market

The wood industry seizes opportunities amid changes in the export market

VCN - According to Mr. Đỗ Xuân Lập (pictured), Chairman of the Vietnam Timber and Forest Products Association, changes in policies in the United States and globally have also opened up significant opportunities for Vietnam's wood industry.
Necessary conditions for operating a "natural flavor" business

Necessary conditions for operating a "natural flavor" business

VCN - Businesses following the sustainable development trend have shown high adaptability and resilience to negative changes from the outside. Preparing to enter 2025, "profit-oriented" business will be gradually replaced by "natural flavor" business.
Seafood exports increase competitiveness through quality

Seafood exports increase competitiveness through quality

VCN - The "wave" of orders from a number of large markets and increased consumption demand in the coming months will be the driving force to accelerate seafood exports at the end of the year. Not only racing to increase exports, Vietnamese seafood also increases its competitive advantage by focusing on product quality, seed sources, green transformation in the production process...
Why are seafood exports to some Middle Eastern countries blocked?

Why are seafood exports to some Middle Eastern countries blocked?

VCN - Many seafood export shipments to some Middle Eastern countries have had their documents returned by the Consular Department due to the nightmare of consular legalization procedures, leading to a blockage in exports to these markets.

Latest News

VN faced with increasing trade defence investigations on rising protectionism

VN faced with increasing trade defence investigations on rising protectionism

Việt Nam’s exporters faced a significant increase in the number of trade defence investigation cases this year, on the back of rising protectionism worldwide, according to the Ministry of Industry and Trade.
Việt Nam expects to officially export passion fruit to the US next year

Việt Nam expects to officially export passion fruit to the US next year

Negotiations on technical issues were already completed in August. Now, legal procedures are underway for the official export of fresh passion fruit to the US.
UK’s carbon tax to affect VN exports

UK’s carbon tax to affect VN exports

The UK’s carbon border adjustment mechanism will take effect in 2027.
Removing obstacles in granting certificates of exploited aquatic products

Removing obstacles in granting certificates of exploited aquatic products

VCN - Prime Minister Pham Minh Chinh requested to review all regulations related to the organization and issuance of certificates of origin of exploited aquatic products (SC) at fishing ports, issuance of certificates of origin of exploited aquatic products (CC), and amend inappropriate regulations that cause difficulties and hinder production and business activities in the field of exploitation, processing and export of seafood.

More News

Promoting agricultural exports to the Japanese market

Promoting agricultural exports to the Japanese market

VCN - Japan's high-quality standards have become a driving force for continuous improvement in Vietnamese agricultural products to meet global consumer expectations and build a strong brand for Vietnamese agricultural products on the world map.
Agricultural exports in 2024 to exceed 60 billion USD?

Agricultural exports in 2024 to exceed 60 billion USD?

VCN - The agricultural sector has basically achieved and exceeded the set targets when the export turnover of agricultural, forestry and fishery products in the first 11 months of 2024 reached 56.74 billion USD, up 19% over the same period in 2023, the trade surplus reached nearly 16.5 billion USD, up 52.8%. This year's agricultural exports are expected to exceed 60 billion USD if the export value in December reaches over 5 billion USD.
Seafood exports expected to exceed $10 billion in 2025: expert

Seafood exports expected to exceed $10 billion in 2025: expert

The achievement of the $10 billion export milestone in 2024 is attributed in part to efforts to open and strengthen connections with key markets such as the US and the EU.
Top 10 Reputable Animal Feed Companies in 2024: Efforts to survive the challenges of nature

Top 10 Reputable Animal Feed Companies in 2024: Efforts to survive the challenges of nature

VCN - In the Report announcing the Ranking of Top 10 Reputable Animal Feed Companies in 2024 on December 12, 2024, Vietnam Report Joint Stock Company said that Vietnam's animal feed industry has faced many challenges from natural disasters and epidemics. But overcoming all, the industry continues to survive and has confidence in the future.
Vietnam's import-export surges 15.3%

Vietnam's import-export surges 15.3%

Vietnam's total import-export turnover reached 745 billion USD as of December 14, marking a robust 15.3% growth compared to the same period in 2023, according to the General Department of Vietnam Customs.
More Vietnamese firms interested in Saudi Arabia: Ambassador

More Vietnamese firms interested in Saudi Arabia: Ambassador

An increasing number of Vietnamese enterprises are showing interest in Saudi Arabia, particularly in the sectors of Vietnam's advantages and the Middle East country's needs, a diplomat has said.
“Give and Take” in the Value Chain of the CPTPP Market

“Give and Take” in the Value Chain of the CPTPP Market

VCN - Vietnamese businesses have many opportunities and advantages if they take advantage of resources from imports and technology transfers when joining the supply chains of FDI companies within the CPTPP.
Binh Dinh province works to attract investment from Japan

Binh Dinh province works to attract investment from Japan

The People’s Committee of Binh Dinh province on December 18 inked a cooperation deal with the Japan - Vietnam Friendship Association of Sakai city as part of the south-central province’s efforts to attract more investment and development resources from the Northeast Asian country.
Agricultural, forestry and fishery exports “reach the target” early

Agricultural, forestry and fishery exports “reach the target” early

VCN - According to a report from the Ministry of Agriculture and Rural Development, the export turnover of agricultural, forestry and fishery products in November 2024 is estimated at US $5.3 billion, up 13.9% compared to November 2023. It is notable that it not only “reaching the finish line” early, the agricultural sector also exceeded the annual plan by over US $ one billion.
Read More

Your care

Latest Most read
VN faced with increasing trade defence investigations on rising protectionism

VN faced with increasing trade defence investigations on rising protectionism

Việt Nam’s exporters faced a significant increase in the number of trade defence investigation cases this year, on the back of rising protectionism worldwide, according to the Ministry of Industry and Trade.
Việt Nam expects to officially export passion fruit to the US next year

Việt Nam expects to officially export passion fruit to the US next year

Negotiations on technical issues were already completed in August. Now, legal procedures are underway for the official export of fresh passion fruit to the US.
UK’s carbon tax to affect VN exports

UK’s carbon tax to affect VN exports

The UK’s carbon border adjustment mechanism will take effect in 2027.
Removing obstacles in granting certificates of exploited aquatic products

Removing obstacles in granting certificates of exploited aquatic products

Prime Minister Pham Minh Chinh requested to review all regulations related to the organization and issuance of certificates of origin of exploited aquatic products (SC) at fishing ports
Promoting agricultural exports to the Japanese market

Promoting agricultural exports to the Japanese market

VCN - Currently, Vietnamese agricultural exports to Japan comprise only six main categories, while several key Vietnamese agricultural products like rice, tea, and livestock products haven't yet penetrated the Japanese market significantly.
Mobile Version