Domestic textile and garment companies are striving to achieve export value of US$34 billion in 2018 Challenges According to Le Tien Truong, General Director of the Vietnam National Textile and Garment Group (Vinatex), large economies, such as the EU, the US and Japan, are forecast to grow at lower rates in 2018 compared with 2017, leading to a decline of the global textile and garment market. This will require exporters to compete fiercely in price. Last year, the Vietnamese textile and garment sector achieved an export growth rate of 10 percent, while exports by its rivals decreased or grew slightly, for example China, down 1.2 percent; Bangladesh, down 1.3 percent; Turkey, down four percent; India, up three percent; and Indonesia, up three percent. These countries will take advantage of trade preferences to increase their global market share. Bangladesh, Myanmar and Indonesia, for example, will benefit from the EU’s Generalized Scheme of Preferences (GSP), hindering … [Read more...] about Tailoring solutions for textile, garment exporters
Textile garment jobs
VietNamNet Bridge - Tran Anh Tuan, deputy director of the HCMC Center for Human Resources Forecasting and Labor Market Information, cited an ILO report as saying that the risk of losing jobs has increased in the 4.0 industrial revolution era. The risk of losing jobs has increased in the 4.0 industry revolution era Vietnam has been warned that 5 million jobs may be lost by 2020 as it has a 3.79/10 score for the quality of the labor force, ranked 11th out of 12 countries in Asia, and a 4.3/10 score in human resources competitiveness index. Other indicators for Vietnamese workers are also low. Only 20.3 percent of Vietnamese workers had training or degrees/certificates in 2015. Vietnamese are weak at soft skills, such as foreign language, IT, teamwork, communication, and professional ethics. The ILO report also pointed out that 86 percent of workers in the textile & garment industry in Vietnam, 64 percent in Indonesia and 88 percent in Cambodia will face the risk of … [Read more...] about Will 5 million jobs in Vietnam be lost in the 4.0 industrial revolution?
Vietnam may lose five million jobs to automation: ILOThe Saigon Times Daily A man is seen working beside an embroidery robot system. Many laborers are believed to be replaced by robots in the years to come – PHOTO: THANH HOA HCMC – As many as five million workers in Vietnam are at high risk of losing their jobs by 2020 because of the boom in artificial intelligence, which may replace laborers with robots, according to a recent study by the International Labor Organization (ILO). The quality of Vietnamese human resources stood at only 3.79 out of 10 points, ranking the country 11th out of 12 countries surveyed in Asia, said Tran Anh Tuan, deputy director of the HCMC Center of Forecasting Manpower Needs and Labor Market Information, as quoted in Thanh Nien newspaper. The country also had a low competitive ability index, earning 4.3 out of 10 points and being placed 56th among 133 countries, while only 20.3% of the workers had adequate qualifications in 2015. … [Read more...] about Vietnam may lose five million jobs to automation: ILO
Viet Nam News The textile and garment industry earned US$31 billion from exports last year, a year-on-year increase of over 10 per cent. The Việt Nam Textile and Apparel Association believes exports will top $34-35 billion this year helped by many positive factors. Vũ Đức Giang, the association’s chairman, talks to Việt Nam News ’s reporter Xuân Hương about this and the efforts made by the industry to enhance their competitiveness and add value to their products. What do you think about the textile industry’s export prospects this year? The textile and garment industry earned nearly $8 billion from exports in the first quarter of the year, an increase of 13.5 per cent over the same period last year. This is the highest growth rate in the first quarter in the last four years. The exports in the second quarter are expected to be $8.5 billion and we forecast exports in the first half to go up by 14 per cent over the … [Read more...] about Textile-garment exports seen at $35b this year
Pham Xuan Hong, Chairman of the HCM City Association of Garment, Textile, Embroidery and Knitting (AGTEK), said at the event on April 14 that textile-garment is not only a spearhead export industry of Vietnam but also one of the sectors generating the biggest numbers of jobs, about 2.5 million. AGTEK Chairman Pham Xuan Hong speaking at the worrkshop However, most of employees in the sector are manual workers in charge of simple steps while the steps requiring technical skills like dyeing or designing are facing a shortage of skilled workers. Hong said the shortage of high-quality manpower is also one of the reasons why local production of apparel materials remains undeveloped and Vietnam has to depend on imported materials. Meanwhile, the steps generating high added value like designing products and building brands are still limited. Although Vietnam is one of the five biggest apparel exporters in the world, global consumers haven’t known any Vietnamese fashion … [Read more...] about Garment sector needs manpower development strategies: workshop