Vietnam Will Put Forward Sustainable Development Measures For Textile Industry To Invest In Vietnam.

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According to the Vietnam economic times May 5th, the textile industry is the third largest commodity exported by Vietnam. However, at present, it is faced with competition and domestic obstacles from other export countries, which need to break through the bottleneck.

At present, the exporters of textile products believe that Vietnam has the most benefit from bilateral and multilateral businesses. Therefore, Pakistan and other enterprises have imposed tax subsidies on corporate income tax, fiber and chemicals.

Zhang Wenjin, Vietnam Textile Association, said no duty was required when importing raw materials.

The value-added tax is still needed when processing products for export, and the feedback from the Ministry of finance is that it is unable to monitor which raw materials can be used for the production of domestic products for export. For raw materials and waste materials, although the enterprises sell them at almost white price, the customs tariff is calculated at the high price of import declaration, or even the destruction of foreign materials processed wastes without paying taxes and the destruction of domestic processing waste are subject to tax payment.

Shen Deyue, deputy general manager of Vietnam Textile 10 head office, agrees that it is unreasonable to collect taxes on domestic raw materials and waste materials at the time of import declaration. He also said that when a large order was received, the 10 textile company made some of them to partner companies. Under such circumstances, it was necessary to pay taxes on the part of the textile company 10 which was supposed to pay no taxes, but when it was pferred to a partner company, it would be subject to temporary tax payment and tax refund after export, but the procedures were complex and occupied the company's liquidity and it was difficult to separate the data separately.

With regard to the domestic obstacles to Vietnam's textile industry,

China has textile raw materials gathering places such as Hangzhou and Suzhou, a global sewing company.

The company should go to procurement, and Vietnam should also build such a supply and demand platform by national regulation.

Delegations to various countries to participate in the promotion of trade seminars, exhibitions, are passive waiting for customers, and Vietnamese enterprises have not taken the initiative to go to other countries to see how others do business, Vietnam's business organizations in various countries should also help to find companies interested in cooperation with Vietnamese companies.

Chen Guoqing, Vice Minister of industry and trade department, said he would propose measures to the government for sustainable development of the textile industry.

The government and the provinces should have a unified and sound policy for textile and dyeing and dyeing industry to promote export growth, and to a certain extent, it will stimulate the development of the textile industry.

The direction of strict handling of environmental problems is put forward, but the textile industry can not be rejected accordingly.

In addition, the industrial and industrial clusters of the textile industry need to be built to reduce the cost of wastewater treatment.