Garment enterprises to visit Vietnam and Myanmar

Brand output, extension of the production base, textile and garment enterprises in recent years has become a hot spot to explore

In order to further expand the impact of Quanzhou textile and apparel, brand bargaining power, Quanzhou Textile and Apparel Association started a one-week study tour of Vietnam’s textile and garment industry, Myanmar, Double Happiness clothing, macro Australia weaving, Sishu Lang, Jinhao bird, constant abundance of fiber, the World Union of accessories, Xiamen Jianyu more than 30 business executives to participate in study.

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Delegation to visit Southeast Asia

Garment Weaving Co., Ltd. Quanzhou Acer chairman 陈展垣 Australia is the second leader of the delegation, he said, the first stop is a major economic study of South Vietnam’s Binh Duong province. “Pingyang complete infrastructure, close to Ho Chi Minh City International Airport and the ports and other obvious advantages, attracting a large number of Taiwanese. Quanzhou has a good basis for cooperation in trade and commerce.”

Rainbow Group to invest in Vietnam Nhon Trach textile factory, workshop tours through seminars and field visits to factories in Vietnam has been substantial investment in understanding more of the Rainbow Group, standardized production and meticulous management was impressed. Rainbow Textile Group was founded in 1997 by the Jinjiang nationals overseas pro-Hong Tianzhu, is one of the world’s largest supplier cored cotton textiles, manufacturing and sales of high value-added main fashion cotton textiles, has become China’s cotton textile industry competition force before 10 companies. In 2006, Rainbow Textile Investment over 200 million U.S. dollars in Vietnam Nhon Trach Industrial Zone, Dong Nai Province with the construction of two production capacity 500,000 spindles plant, $ 300 million investment in new mills in Vietnam, Quang Ninh province has just completed and put into operation.

Tay Ninh in Vietnam’s apparel company that is made, the relevant person in charge: “set up factories in Vietnam, in fact, not just in order to save labor costs, but also for the adjustment of industrial structure, to achieve optimization of resources in a wider range of configurations and adapt global demand for market development. ”

Vietnam is the parent company of clothing that is made in Qingdao That Fat Group, as China’s major knitwear production enterprises, the annual output of about 6.5 million coat, that is made in 2005 on the implementation of the overseas development strategy, set up in Qingdao that is sent to Ann (Vietnam) garment Co., Ltd., has 1,000 workers in Vietnam to come to the factory in Vietnam. Has set up its own trading companies and chain stores in the United States, Romania and other countries, with a number of well-known companies, including Fortune 500, including the establishment of a long-term business relationship. It is reported that Japan’s Uniqlo every year in this single super-1000000.

“Going out” of the pros and cons

Quanzhou Textile and Apparel Association Secretary-General Shi positive sik said: “The textile and garment industry is the pillar industry of Quanzhou largest economy and one of the most competitive and Quanzhou development potential of traditional industries, hit a glorious history but to many. ‘going out’ and stand firm and not easy. ”

Production costs and labor in Vietnam, Myanmar and other comparative advantages. Vietnam per capita income equivalent to approximately RMB 600 yuan / month, no quota restriction on cotton imports, enabling control of production costs. However, due to Vietnam economic underdevelopment, low quality of workers, compliance with rules and regulations of awareness is weak, lazy behavior, production efficiency is about 70% of Chinese workers to the textile business management difficult.

It is understood that, in order to further attract foreign investment, Southeast Asian countries have the system out an olive branch. In taxation, foreign textile manufacturers in Bangladesh to China income tax exemption for 10 years, Cambodia also handed out a seductive “red.” Cambodia to China nine years full duty-free, but also raw materials imported from China are not taxed.

Analysts also said that Vietnamese law unsound, government corruption is obvious. Government employees strike ignore the phenomenon, social security and other issues frequent strikes and worrisome to foreign investors brought trouble. And inadequate infrastructure, especially in bad weather conditions, the phenomenon of frequent power outages, transportation is also underdeveloped, certainly hinder the formation of freight logistics.