Can Vietnam become a major player in the apparel
industry?
Having
recorded positive annual growth since 2001, the Vietnam garment and textile
industry is now banking on a noodle bowl of signed and potential Free Trade
Agreements (FTAs) to continue its journey on the path to prosperity.
However, bogged down with problems related to an
overreliance on imported raw materials, many are questioning whether the
industry will be able to successfully secure its future.
“It no longer makes sense for the country to import 98%
of the raw cotton that gets cut and sewn in its roughly 6,000 garment
factories,” says marketing expert Vo Van Quang.
Quang says it makes more sense for the industry to
begin building textile mills and dyeing and finishing facilities that will
allow it to compete at nearly every stage of clothing production, not merely
the cutting-and-sewing stage.
However, constructing the facilities needed is not an
easy task by any measure say the experts— not the least of which are raising
the required capital, finding sufficient space and the environmental issues
that attach to their erection.
The dyeing and finishing stages of apparel production
require extensive amounts of toxic chemicals and vast amounts of water, which
has often been left discharged, untreated, into local waterways by many
countries around the globe.
But even more significant, they say, is that many of
the largest international clothing brands are now focused on minimizing their
environmental footprints in a way the world has never seen before.
If the Vietnam textile industry doesn’t get the
environmental issues right and use new and emerging technologies to combat the
ills of pollution its global image could be irreparably damaged.
They say industry global giants – including Adidas,
Ralph Lauren, H&M, and Calvin Klein – and consumers around the globe are
sharply attuned to the importance of, and demand ‘environmentally friendly’
produced products.
“Domestic manufacturers in the industry also need to
become better financial managers and learn how open markets work,” says Vo
Van Quang. “Too many companies have aimed at high levels of sales at too low
a profit.”
Quang says in addition, domestic companies need to pay
more attention to fashion trends and demand in the international markets to
elevate their image as far too many products end up on the discount racks at
stores around the globe.
General Director Nguyen Thi Thanh Huyen of the May 10
Garment Company shares the same sentiments as Quang when it comes to design
saying her company spends a lot of time researching foreign markets before
launching their designs.
“Products have to be trendy, high-quality, and properly
priced,” says Quang.
She underscores, her company is expanding into foreign
regions and countries the likes of Europe, the US, Japan, Russia, the
Republic of Korea, Belarus, and Kazakhstan.
VOV
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Thứ Năm, 19 tháng 11, 2015
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