Despite being the second biggest exporter of textile and readymade garments globally, Vietnam is yet to fully exploit its true potentials, thanks to its incompetent dyeing facilities and its increasing dependence on imported fabrics.
This was underlined by some experts recently.
“Because of the dependence on imported fabric, companies have lost their creativity and so cannot add value…,” said Nguyen Van Tuan, Chairman of the Vietnam Cotton and Spinning Association while speaking to the media.
As per available figures, In 2017, Vietnam imported 6.5 billion metres of fabric, or two-thirds of the industry`s total requirement.
Considering that 750,000 tonnes of Vietnam’s fibres (two-third) make way overseas at lower prices every year, the increasing fabric imports sound rather contradictory. Industry insiders blame the poor development of the dyeing segment for the same.
Developing the fabric and dyeing segments would be the key factor in the growth of the garment and textile industry, said Tuan while calling for establishing industrial zones specialising in dyeing and fabric production in the country.
Industry insiders further added that the local companies lack proper awareness of the dyeing process alongside technology, human resources and skills required to develop this sector.
