Vietnam'S Large Spinning Enterprises Have Been Built To Change Their Long-Term Dependence.

Parts of Vietnam Spinning enterprise After being put into operation and started construction, the self sufficiency rate will increase to 70% in 2012 and gradually change the situation of long term dependence on imports.

At the end of 2011, PVTEX, a Vietnamese investment fiber company, invested in Ting Wu polyester. yarn When the plant is put into operation, the yarn output will be about 15 - 175 thousand tons in 2012, which will meet the demand of 40% in the domestic market, thus increasing the spinning self - sufficiency rate to 70%. In June 2012, Japan's Itochu commercial group (Itochu) invested in the spinning plant in Nam Dinh will start construction. It is expected to be put into operation in 2013, with a total investment of US $120 million and an annual output of 50 thousand spindles. After the project is put into operation, it will further improve. Vietnamese spinning Self sufficiency.

Reported that Vietnam has more than 3700 textile and garment enterprises, of which 17% are textile enterprises, and the yarn needed for production is mainly imported from mainland China, Taiwan region, South Korea and India.