2019 Is The Outbreak Of Vietnam'S Textile Industry. Difficulties And Opportunities Coexist Here.

According to the French 24 hour economic report: Vietnam's biggest winner in trade war is Vietnam. Half of the 52 companies that moved out, 26 chose to settle in Vietnam, 11 moved to Taiwan, and 8 moved to Thailand.

According to the French 24 hour economic report:

According to the study of financial analysis Numura, Vietnam is the biggest winner in the trade war. Half of the 52 companies that moved out of the country, 26 chose to settle in Vietnam, 11 moved to Taiwan, and 8 moved to Thailand. Vietnam has good labor resources, and labor is cheaper than China, especially in the textile industry. Data show that Vietnam's exports to the US in 2019 surged by 34%, about 8 billion US dollars, making Vietnam's GDP growth expected to hit 8% in 2019.

In addition, Taiwan, Malaysia, Bangladesh and India also have different levels of income, especially India, which has successfully attracted Fujitsu's main processor Fujitsu in recent months.

Outside Asia, Mexico is also one of the beneficiaries of trade wars, and Mexico's exports to the US increased by 10% in the first half of 2019. Brazil, another American country, has also benefited from trade wars to some extent. In Brazil's important soybean trade, Brazil's exports to China almost doubled. It increased from 14 million tons to 25 million tons in one year.

This year is the outbreak of Vietnam's exports.

In the first 8 months, Vietnam's exports to Canada increased by 31.3% over the same period last year.

Exports to the United States increased by 25.3%

Exports to Mexico increased by 20.9%;

Exports to Japan increased by 9.9%;

Exports to Korea increased by 5.3%;

Exports to ASEAN increased by 3.7%;

Exports to Russia increased by 14.2%;

Exports to New Zealand increased by 12.8%.

Li Jin Chang, general manager of Vietnam National Textile and Garment Group, said that the textile industry has already caught up with the industry 4. The three main sectors of the textile industry include yarn, weaving and dyeing, and clothing. In recent years, automation technology and information technology have been applied in yarn and weaving and dyeing fields.

If more than 110 workers were needed to produce 10 thousand polyester yarns 10 years ago, many Vietnamese enterprises now need 25-30 workers to complete the work. At present, some advanced factories in the world are using 10 workers to produce 10 thousand polyester yarns.

For dyeing, in the past, it was largely determined by the technology of operating staff in color formulation and dyeing processes in the machine, but with the growing application of data and information technology, especially in the new stage of big data applications, the technology of relying on recipes was reduced. So as to stabilize the dyeing quality, formula and enhance the correct rate of dyeing.

General manager Li Jin Chang said: usually, a yarn, weaving and dyeing factory needs 500-600 workers, but it will not need so many workers after applying technology. For sewing, there are two main types of products, the first is fashion products, which have many complicated details and constantly changing. Because of the small amount of orders, the design has been changing, and many advanced products of different sizes have been automated. This will be an obstacle to the application of robots to production processes.

Second the product type is the most standardized product, with many fixed details and almost no change. Such products can be fully used by robots. At present, robots are responsible for the difficult stage of sewing. Using high technology, productivity depends on the stage of workers to have automatic equipment, so as to reduce labor force and increase productivity, especially to stabilize product quality.

In addition to production, it helps to effectively design product and 3D printing stage is also one of the 4 important applications of industry. This is the new application trend of textile industry.

At present, Vietnam has signed two heavyweight FTA, namely, the free trade agreement between Vietnam and the European Union (EVFTA) and the trans Pacific Partnership Comprehensive and progress agreement (CPTPP), which will enable Vietnam to enjoy more tariff preferences when exporting to Canada, Japan, Mexico, Peru, France, Germany and other markets. But the two FTA also set higher requirements for Vietnam's origin qualification.

On the other hand, with the escalation of Sino US trade frictions, Vietnam's exports to the United States have increased significantly, which has aroused the vigilance of the United States.

Vietnam has promulgated the new labor law. 8 hour working hours

The new version of the labor law stipulates that the working hours should not exceed eight hours a day, and overtime time should not exceed three hundred hours in one year.

Yue Tong Hanoi, the eighth session of the Fourteenth Congress, adopted the labor law (Amendment) in November 20th, with the approval rate of 90.06%. The labor law (Amendment) includes 17 chapters and 220 articles, which clearly stipulate labor standards; the rights, obligations and responsibilities of labourers, workers, representatives of laborers, organizations representing workers, and so on.

According to the labor law (Amendment) just passed by parliament, the annual statutory holidays include five days of the Spring Festival, one day of new year's day, one day of King's day, one day of 4 liberation day of 30, 5 day 1 International Labor Day, two days of national day.

With regard to retirement age, the new version of the labor law stipulates that under normal working conditions, the retirement age of men and women workers has increased to 62 and 60 respectively.

The specific road map is that for male workers, the retirement age under normal working conditions is 60 years and 3 months in 2021, increasing by 3 months from 2021 to 2028. For female workers, the retirement age under normal working conditions in 2021 is 55 years, 4 months, and 2021-2035 years, increasing by 4 months each year.

In addition, workers in textile, clothing, leather and footwear, power and electronic products, production and processing of agricultural and forestry products, salt industry, aquatic products and other fields can not exceed three hundred hours in one year.

At the same time, in order to improve the quality productivity, many Vietnamese textile and garment enterprises have adopted the management standard system, such as: according to the ISO 9001-2000 standard quality management system, ISO 14000 environmental management system, SA 8000 social responsibility system, ISO/IEC 17025 laboratory management system and so on. Meanwhile. Some enterprises have successfully integrated the above 3 systems, such as Dejiang textile and garment company, Xingan textile and garment company, etc.

With the application of tools to improve productivity and quality, some equally important solutions are improving machinery and equipment systems, technical regulations, investing, replacing or improving existing management software and product design software.

The above methods will help improve productivity and product quality, but enterprises should take measures to provide support for enterprises in policy and financial and technological fields.