In 2019 textile and garment strives for export turnover of 40 billion USD

Vietnam Textile and Apparel Association set the industry development target in 2019 with export turnover reaching 40 billion USD, up 10.8%.

Textile export turnover reached the highest increase since the last 3 years. Photo: Thuy Hang / BNEWS / TTXVN

2018 was a successful year for export activities of Vietnam textile and garment industry with total export turnover of over US $ 36 billion, up 16.01% compared to 2017. This figure was Mr. Vu Duc Giang, Chairman of Vietnam Textile and Apparel Association said at the Conference of Vietnam Textile and Apparel Association in 2018 and implemented the plan for 2019 to take place on December 14, in Vinh Phuc.

Mr. Vu Duc Giang said that in 2018 the world situation is complicated; conflicts occur in many places; competition between big countries is fierce; protectionism and increasing trade war are increasingly complicated and unpredictable; rapid development of science and technology and the fourth industrial revolution have profound impacts on many fields.

The world economy maintained good growth momentum in the first half of 2018, then tended to slow down. Although Vietnam economy still faces many difficulties and limitations, with proper solutions and appropriate management methods of the Government, together with the efforts and determination of both the political system and the business community. and the people of the whole country, the Vietnamese economy has achieved many important results; In which, there is a significant contribution of the textile industry.

Mr. Le Tien Truong, General Director of Vietnam Textile and Garment Group stressed, looking back on some recent years, the growth rate of export turnover this year of the textile and garment industry reached the highest increase of 16.01% (year 2015 increased 12.1%, in 2016 increased 4.07%, in 2017 increased 10.8%). Specifically, in 2018, garment export turnover reached 28.78 billion USD, increasing by 14.45%; fabric export reached 1.66 billion USD, up 25.5%; fiber exports reached 3.95 billion USD, up 9.9%; non-woven fabric exports reached 528 million USD, up 15.54%; export of textile materials and accessories reached 1.23 billion USD, up 14.59%.

The value of textile and garment surplus in 2018 is estimated at 17.86 billion USD, increasing by 14.39%. The value-added ratio reached 49.4%, down 0.7 percentage points compared to 2017.

Chairman of the Vietnam Textile and Apparel Association Vu Duc Giang added that in 2018, the Association has made many proposals to the Government, ministries and branches to remove policies that make it difficult for businesses.

Accordingly, many policies have been received and adjusted in the year such as: conditions for the head of the enterprise to import printers to print on exported textile products; propose import tax exemption for imported fabrics for re-export and re-processing, on-spot export products; remove the rule of declaring plus delivery order (DO) fees. Or regulating container cleaning fees into customs duty calculation values ​​have been recognized by agencies to study and solve ....

With the results achieved in 2018, the signal of order status for 2019 is also very positive. Many businesses already have orders for the first 6 months and even 2019, products are highly competitive and gradually complete the textile supply chain (due to the flow of capital invested in the textile industry and raw materials). Data is growing) as well as the time to implement the upcoming new generation Trade Agreements are factors that positively support the production and business activities of Vietnam textile and apparel in 2019.

At the conference, Vietnam Textile and Apparel Association set the industry development target in 2019 with export turnover reaching 40 billion USD, up 10.8%; trade surplus reached 20 billion USD, guaranteed employment and increased income for 2.85 million workers.

In order to achieve the above objectives, the Association makes recommendations, businesses in the industry must join hands in implementing solutions on investment, market, training and developing human resources, applying science and technology. , solve weak and inadequate stages of the industry.

Besides, the Association needs to do better the role of a bridge between member enterprises and domestic and foreign markets through trade promotion activities, international cooperation activities ...

In particular, especially as a bridge between businesses and state management agencies in receiving feedback of enterprises to study and propose, propose to overcome difficulties and obstacles for enterprises.

Specifically, the Government proposed to continue reforming administrative procedures, specialized inspection, solving difficulties for businesses, ensuring a clear business investment environment for businesses.

To adopt policies to support investment in wastewater treatment in textile and garment industrial parks, to provide specific support to textile training establishments such as ground renting expenses, construction of schools, practice workshops and teaching equipment. teaching ..., supporting high quality human resource training for the textile and garment industry.

At the same time, the State soon passed the Law on Association and stipulated that 100% foreign-invested enterprises were allowed to participate as official members of the Association to coordinate activities, form a chain of links, exchange and study. each other's experience ... /.

Hang Tran/BNEWS/TTXVN

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