The seminar is organized to create conditions for manufacturing enterprises with localization strategies, to approach domestic suppliers of supporting industrial products (SI), to create a foundation for investment and development programs. industrial development, forming a network of small and medium-sized domestic producers.
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| Mr. Ngo Khai Hoan - Deputy Director of Industry Department - spoke at the seminar |
In fact, in recent years, the end-to-end link in the production chain is not really tight. Therefore, attracting effective investment and promoting business connections, links between Vietnamese businesses with multinational enterprises, domestic supply companies, domestic and domestic leading enterprises. out; enhancing domestic value added, product competitiveness and the position of Vietnamese enterprises in the global value chain are among the most important solutions.
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| Mr. Cao Van Binh - Deputy Director of Center for Industrial Development Support - shared at the seminar |
Notably, the year 2020 will see strong effects of the Covid 19 pandemic on the economy and global supply chains. Supply chain disruption poses a restructuring requirement for multinational corporations in the direction of increasing localization rates and spreading risk. These changes pose new opportunities and challenges, requiring Vietnamese businesses to be more autonomous and active in seeking opportunities to join newly formed supply chains.
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| Leaders of the Industry Department visited the booths displayed at the Connection Workshop |
According to the Department of Industry, the CPTPP Agreement, the EVFTA Agreement has officially come into effect, the RCEP Agreement has just been signed, textiles and footwear are considered to be an industry with many development opportunities if they make good use of opportunities. brought about by these agreements. However, the supply chain of textiles, apparel and footwear has not yet developed.
Speaking at the seminar, Mr. Ngo Khai Hoan - Deputy Director of Industry Department - said that in 2019, Vietnam had to import over $ 13.5 billion of fabrics of all kinds; USD 59.7 billion of raw materials for garment and footwear. It can be said that support for the textile and garment and footwear industries is still limited, failing to meet the demand for the production of finished products, textiles, footwear. This situation will not only affect production development and economic growth in the short term, but will also continue to affect industry in particular and the Vietnamese economy in general in the long term in the context of the association. international import is increasingly extensive.
“ Therefore, in the long term, developing industrial support, step by step autonomous domestic raw materials, meeting the rules of origin in free trade agreements is one of the core issues for sustainable development. Vietnam's industry in general, to sustainably develop the textile, garment and footwear industry in particular "- Mr. Ngo Khai Hoan emphasized.
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| Strengthening connection with suppliers, at the same time updating new information on supportive policies as well as information on supply and demand of the textile, garment and footwear industry |
Grasping the importance and necessity of business support activities, Mr. Cao Van Binh - Deputy Director of IDC - said that IDC has implemented a program to support and advise SI enterprises. Vietnam becomes a supplier in the textile, garment and footwear production chain under the SI development program 2020 with the aim of improving the capacity of manufacturing and supply enterprises in the textile, garment and footwear industry and at the same time organizing Effectively link domestic producers with domestic and foreign buyers.
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| Seminar on industrial development of textile, garment and footwear industry |
The seminar "Connecting enterprises in garment and footwear industry in 2020" is evaluated to bring many values to businesses looking for new partners and opportunities, enhancing connection with suppliers, and at the same time update new information on supporting policies as well as supply and demand information for the garment and footwear industries.
In the coming time, with the attention and support from the Government, the business support activities are expected to contribute to improving the competitiveness of businesses, building and strengthening relationships and connections between enterprises in the textile and garment and footwear industries will strongly promote the development of Vietnamese industries in the future.