Vietnam'S Textile Industry Wants To Seek Its Own Development And Get Rid Of Its Dependence On China.

< p > it is reported that due to the tension between < a href= "http://sjfzxm.com/news/index_z.asp" > > < < /a > >, the Vietnam Textile Association has notified members of the association by letter form recently, asking them to provide data for 2013-2014 years to purchase raw materials such as cotton, fiber, yarn, cloth, thread, cotton lining, buttons, zippers and other raw materials from the mainland of China. Based on these data, we establish Vietnam's domestic raw material supply investment plan, minimize imports from the mainland and look for new sources of supply.

Among them, Thailand, South Korea, Indonesia, Malaysia and India are among the best substitutes in the Chinese market by Vietnam Textile Association.

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A senior journalist from Vietnam, 23, said that 60% of Vietnam's textile industry's raw materials were imported from the Chinese market. Because of concerns about the relations between the two countries, the Vietnamese government provided necessary assistance to textile manufacturers to encourage p to make production without relying on China.

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< p > Vietnam has more than 4000 textile and garment enterprises, with an annual revenue of 20 billion US dollars, providing about 2500000 people with employment opportunities and contributing 10% to Vietnam's GDP.

The reporter visited the joint venture garment industry of Vietnam Industrial Development Zone, some did the foundry for Japanese famous brand UNIQLO, and some shirts products were exported to Eastern European countries.

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< p > > a href= "http://sjfzxm.com/news/index_p.asp" > Kampuchea < /a > vice president of the Chinese Chamber of Commerce and Hu Jinlin, President of Wenzhou Association, said that after last month's Anti China Violence in Vietnam, some Chinese textile owners who had been evacuated from Vietnam to Kampuchea told him that the market decided that the raw materials of Vietnam's textile industry were the first choice for Chinese mainland products, and that it was unrealistic for Vietnam to change it overnight.

Compared with Korea, India and other countries, the Chinese mainland market has the advantages of strong supply capability, diversified colors, relatively low price and fast delivery speed.

The price of raw materials for textile and clothing imported from China is also 10% to 15% cheaper than that in Vietnam.

Vietnam reported in March that in order to increase the proportion of mainland products, Vietnam TNG trading and investment company invested millions of dollars in 2012 to produce cotton.

However, due to the increasing demand for raw materials for textile and apparel industry in the world, domestic and imported raw materials are facing difficulties and can not provide sufficient supply in the short term.

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< p > Hu Jinlin said that not only businessmen from mainland China but also many Hong Kong and Taiwan enterprises have invested in the textile industry in Vietnam, making it difficult for them to re-election to other countries or Vietnam's textile raw materials.

Other foreign enterprises such as Japan, Korea and France will not invest in Vietnam without considering the cost factors.

The increase in raw material prices means higher production costs, which will reduce Vietnam's recent advantages in garment manufacturing industry.

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