ID :
34986
Wed, 12/10/2008 - 22:30
Auther :

Garment exporters aim high

Hanoi (VNA) - The textile and garment industry has been targeted to gain an export turnover of 12 billion USD by 2010 under a new strategy approved by the Ministry of Industry and Trade (MoIT).

The strategy on the garment and textile industry has development to 2015
and vision toward 2020 as its objective.

Under the plan, the industry's export growth rates for 2010 will be at 20
percent. Figures for 2015 and 2020 are expected to be 15 percent.

The strategy aims for an export turnover of 18 billion USD by 2015. The
estimate figure for 2020 is 25 billion USD.

All capital sources from domestic and international investors will be
drawn on to meet the targets, said MoIT deputy minister Bui Xuan Khu.

More investment in raw materials and accessories to minimise the industry's
dependence on imports will be called for. This will help domestic production
to meet 50, 60 and 70 percent of domestic demands on materials by 2010, 2015
and 2020, respectively.

The industry will be churning out roughly 490,000, 550,000 and 1.1 million
tonnes of cotton and fibre by 2010, 2015 and 2020 respectively, under the
strategy. Fabric will be produced at the level of 1 billion sq.m, 1.5
billion sq.m and 2 billion sq.m by the mentioned years.

The main supply centres for technology, designs, raw materials and
accessories will be located in large cities, including Hanoi , HCM City
, Da Nang and Can Tho, he said, so that materials can be provided in
good time for garment businesses.

Production establishments already located in major cities will be moved
out to neighbouring provinces of the above main supply centres, where
garment industrial warehouses will be set up.

Training courses on production management, fabric design, skills analysis
and sales techniques will be opened to develop human resources within the
garment and textile industry.

The industry will supplement human resources development through its work
with international organisations which will help to develop workers'
technical skills in Vietnam and abroad.

Relevant bodies will support garment and textile businesses with
negotiation and the expansion of export markets. The bodies will advise
businesses on how to avoid trade barriers applied by importing countries.

The overhaul of administrative procedures to simplify tax and customs
requirements for garment and textile exporters will also form part of the
strategy.-Enditem


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