The Vietnam Textile and Garment Group (Vinatex) yesterday held a conference to deploy its implementation of the 2010 plan.
In 2009, this sector led the country in terms of export turnover with US9.1 billion, the same as the previous year. In which, Vinatex reached US1.7 billion in export turnover, a 3% year-on-year increase.
This is a great achievement recorded by this sector, making a contribution to reducing trade deficit in 2009. The local material rate of Vietnam-made textile and garment products went up to 44% as against 38% in 2008. This sector’s domestic fabric production and sales turnover went up 9% and 10% respectively. The area under material cotton saw a 2.5 fold increase.
To reach US$10.5 billion in textiles and garments export turnover, in which the Vinatex’s export turnover will increase by 12%, the textile and garment sector in general and the Vinatex in particular will focus on the implementation of major solutions such as raising production and business effectiveness by improving and rationalising production and increasing productivity; concentrating on expanding production of high-end goods; stepping up market research and new items of goods and trade promotion; maintaining and well implementing standards ISO 9000, ISO 14000 và SA 8000 and so on.
