Investment Opportunities And Risks In Vietnam Have Prominent Policy Advantages.

In late February 2016, Sun Ruizhe, vice president of China Textile Industry Federation, headed by Chen Zhihua, chairman of China printing and dyeing industry association, Lin Yunfeng, vice president of textile industry branch of China Council for the promotion of international trade and more than 20 investment and inspection delegation of Chinese printing and dyeing enterprisers, went to Vietnam to conduct research.

TPP requires that the production of yarn and cloth and the tailoring and stitching of textiles must be carried out in the agreed area before duty-free export can be enjoyed.

The dyeing and finishing industry is a shortfall in Vietnam's textile industry. Therefore, local dyeing and finishing enterprises are very much welcomed to invest in Vietnam.

At present, the park is still in the stage of infrastructure construction. According to the plan, the park will become a complete industrial chain park for the upstream and downstream integration of the textile industry.

During the period, the delegation met with the chairman of the Guangning Provincial People's Committee, Ruan Delong, vice chairman of the Nam Dinh Provincial People's Committee and Wu Jiasi, President of the Vietnam textile and Garment Association and the heads of the parks, and went to the representative parks of Guangning Tianhong silver dragon science and technology Co., Ltd., Tianhong Haihe Industrial Park, Nam Dinh Bao Ming Industrial Park, dawn Industrial Park, Fudong Industrial Park of Xining Province, and Vietnam Singapore Industrial Park, Pingyang province.

Vietnam, with an area of 330 thousand square kilometers and a population of 91 million 583 thousand, is a developing country that is moving towards industrialization.

TPP's tariff concessions and rules of origin have given many advantages to Vietnam's textile and garment industry, and many domestic enterprises have invested their eyes on Vietnam.

At present, YOUNGOR, Lu Tai, Shenzhou International, Bailong Oriental, Huafu, Yida and many other excellent enterprises have already tried their industrial layout in Vietnam.

The textile and garment industry has great potential for development, but up and down

Development is not perfect, textile raw materials, grey fabric production and printing and dyeing processing is relatively weak.

At present, there are 2 million 500 thousand textile workers in Vietnam, with about 5000 textile and garment factories, 7 million spindles and 700 thousand tons of yarn per year.

In 2015, exports of textile and clothing amounted to US $27 billion 200 million, an increase of 10.25% over the same period last year, and the proportion of Global trade increased from 0.6% in 2000 to over 3%.

The Tianhong Guangning Provincial Park is located in Haihe County, Guangning province. It is adjacent to China, adjacent to the East, facing the border of Ping Liao county and Chao River County, and has a coastline of up to more than 40 kilometers in the south. It is located at the junction of the southwest China Economic Circle and the Pan Pearl River Delta economic circle, and has a strategic position in the development of "two corridors and one circle".

Guangning, Vietnam, has an excellent geographical environment along the coast, along the river and along the border. It is the joint part of the Beibu Gulf Economic Zone and the ten ASEAN countries, and is the bridgehead of the China ASEAN Free Trade Area.

1. Guangning Tianhong Silver Dragon Technology Co., Ltd.

Founded in April 2012, it covers an area of 36 hectares and has 5 production zones. It has 500 thousand ingot capacity and 5000 workers.

At present, the capacity of Tianhong is 2 million 900 thousand spindles, of which 1 million 250 thousand are in Vietnam, accounting for 18% of Vietnam's capacity, and the total output of cotton yarn is 600 thousand tons. The output is 300 thousand tons, accounting for 40% of Vietnam's cotton yarn output.

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The company takes advantage of the geographical advantages of Guangxi, and its products are basically pported to the domestic production and sale, so as to effectively control the comprehensive cost of production, labor and logistics.

The company's internal life, entertainment, fitness and other facilities are complete, employees have better working and living conditions.

2. Guangning Tianhong Haihe Industrial Park.

The park is a key development park in Guangning province. The park strives to create comprehensive benefits covering raw materials, spinning, manufacturing, dyeing and finishing, clothing and brand, and achieving the integration of upstream and downstream industries.

The total planning area of Haihe Industrial Park is about 3300 hectares, with the first planning area of 60 hectares.

In February 23rd, the two phase of the Galaxy Science and Technology Development Co., Ltd. (weaving factory) held a commencement ceremony.

Geographical advantages.

Guangning is a key economic region in northern Vietnam. It belongs to Vietnam's "two corridors and one circle" economic development strategy belt, and has more advantages than other Vietnamese provinces and cities in the coastal areas with rapid economic development.

Its area is 6.110 square kilometers (the longest 195 kilometers, and the longest 102 kilometers in the north and South), with a population of 1 million 116 thousand people (2010). The capital city of Halong City has a coastline of 250 kilometers, and has the advantage of developing the sea economy. The border line is 132 kilometers long.

The industrial area is about 30 kilometers from Dongxing, Guangxi, China.

Resource advantages.

Guangning has coal (reserves of 35 million tons, accounting for 90% of the total mining output), limestone (31 million tons), and crystal sand, clay, kaolin and natural mineral water.

Logistics advantages.

The industrial park is located in the north of Vietnam, bordering on the southern part of China, with a long coastline and many ports, becoming a logistics pit bridge between China and Southeast Asian countries.

From this point of departure, land logistics to Shandong will take 3 days, and only 2 days in Jiangsu and Zhejiang and Fujian.

Guangning province is planning the expressway from Dongxing to Hai Huang.

Cost advantage.

At present, the park planning is equipped with thermal power plants, water supply plants, sewage treatment plants, warehousing and logistics service areas, dormitory living service areas, standard factory buildings and other construction facilities.

The sewage discharge index of the park is 200 thousand tons / day.

The price of fresh water intake is about 2.4 yuan / ton, electricity tariff is 0.39 yuan / kWh, steam is about 110 yuan / ton, and the average labor cost is more than 300 US dollars / month.

Compared with the relative concentration of domestic industries, but the lack of industry chain mode, this mode has the advantages of intensification, specialization and low cost, so it can achieve the goal of high gross profit.

The Guangning provincial government attaches great importance to the development of the park, and takes a green channel for approval procedures. Tianhong Silver Dragon Technology Co., Ltd. has obtained a business license within 24 hours.

To coordinate the development of the textile industry, the Labor Department of Guangning province also specializes in professional training.