Taiwan Textile Industry Began To Integrate Upstream And Downstream In Vietnam

Investigation finds Vietnamese manpower cost Low and abundant raw materials are suitable for labor intensive clothing industry.

Because Vietnam's chemical industry is underdeveloped, fiber materials are imported from abroad. Setting up factories in foreign countries can enhance the technical capability. If we can integrate upstream and downstream, we can better protect the supply of raw materials.

In recent years, the mainland has been manufactured. fibre With the increase in manufacturing output and the signing of a tariff free agreement between the 10 countries of the mainland and the ASEAN, the textile industry in Taiwan is facing unprecedented pressure. Taiwan businessmen actively develop home textiles, which is comfortable, safe, healthy and environmentally friendly. It is one of the unique competitive performances of Taiwan chemical fiber industry.

Taiwan textile industry has already begun to integrate upstream in Vietnam. For example, the Formosa Plastics Group invested 750 million US dollars in Vietnam in 2005 to set up first petrochemical professional zones. The cooperation between Tainan textile and Ru Hong enterprises is one of the cases of upstream and downstream integration. Tainan textile mills and weaving and dyeing factories plus the garment factories of the Confucian and Hong enterprises will form a consistent and integrated benefit. raw material Supply is safe.

Therefore, the upstream and downstream consistent field is the investment type with the current niche.