A manufacturing enterprise integrating garment production and foreign trade export.
07
2018
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08
2019 Global Textile and Apparel Supply Chain Conference
Author:
Bill Wang
According to a report by the Fashion Channel of Economic Daily—China Economic Net on April 12: From April 10 to 11, the 2019 Global Textile and Apparel Supply Chain Conference—Ho Chi Minh Summit was grandly held in Ho Chi Minh City, Vietnam. Over 200 textile and apparel entrepreneurs from China, Germany, the United States, Vietnam, and other countries gathered together to discuss the collaborative development of the global textile and apparel supply chain through a variety of activities, including keynote speeches and site visits and exchanges.
According to a report by the Fashion Channel of Economic Daily—China Economic Net on April 12: From April 10 to 11, the 2019 Global Textile and Apparel Supply Chain Conference—Ho Chi Minh Summit was grandly held in Ho Chi Minh City, Vietnam. Over 200 textile and apparel entrepreneurs from China, Germany, the United States, Vietnam, and other countries gathered together to discuss the collaborative development of the global textile and apparel supply chain through a variety of activities, including keynote speeches and site visits and exchanges.
Since the 1990s, Vietnam’s textile and apparel industry has been experiencing rapid growth. With a growing number of outstanding Chinese enterprises—such as Shenzhou, Yageo, Huafu, Lutai, Xurong, Far East, and Jifa—investing in and setting up factories in Vietnam, the degree of integration between China and Vietnam’s textile and apparel sectors has been steadily increasing. Building sustainable cooperative relationships in the textile and apparel supply chain is undoubtedly of great significance for promoting the development of the global apparel industry and maintaining the competitiveness of both China and Vietnam’s textile and apparel sectors.
Sun Ruizhe, President of the China National Textile and Apparel Council; Yang Jichao and Chen Dapeng, Vice Presidents of the China National Textile and Apparel Council; Yuan Hongping, Deputy Secretary-General; Qiao Yanjin, Director of the China National Textile Information Center; Vu Duc Giang, Chairman of the Vietnam Textile and Apparel Association; Bui Hoang Yen, Deputy Director of the Industry Department of the Vietnamese Ministry of Industry and Trade; Li Jianliang, Consul at the Consulate General of the People’s Republic of China in Ho Chi Minh City; Christian P. Schindler, Secretary-General of the International Textile Manufacturers Federation; Nawasmittawong Jumnong, Vice President of the Southeast Asia Textile Federation; Le Tien Truong, CEO of the Vietnam National Textile and Apparel Group; Gu Chaoqing, President of the Vietnam-China Chamber of Commerce; Sun Weiting, Chairman of Huafu Holdings and Huafu Fashion; Chen Deqian, General Manager of the Asia-Pacific Region at Swiss Textile Testing Ltd.; and Angela Ortigara, Water Resources Management Manager at the World Wildlife Fund (Germany)—along with numerous business leaders from both China and Vietnam in the textile and apparel sectors—attended this summit.
This summit is co-organized by the China National Textile and Apparel Council and the Vietnam Textile and Apparel Association, and is undertaken by the China Textile Information Center and the Vietnam-China Chamber of Commerce. It is co-sponsored by the Social Responsibility Office of the China National Textile and Apparel Council, the China Textile International Exchange Center, and the China-ASEAN Textile and Apparel Productivity Promotion Alliance.
Chen Dapeng, Vice President of the China National Textile and Apparel Council, Vu Duc Giang, Chairman of the Vietnam Textile and Apparel Association, Ms. Bui Hoang Yen, Deputy Director of the Industry Department of the Vietnamese Ministry of Industry and Trade, and Li Jianliang, Consul at the Consulate General of the People’s Republic of China in Ho Chi Minh City, delivered speeches one after another at this summit!
The 2019 Global Textile and Apparel Supply Chain Conference – Ho Chi Minh Summit was successfully held.
At the summit, an awards and announcement ceremony was held, during which Huafu Fashion Co., Ltd., TESTEX AG, WWF Vietnam, and H&K Investment were awarded the “China-ASEAN Textile and Apparel Industry Collaborative Development Promotion Award.”
The “Guidelines for Responsible Overseas Investment in China’s Textile and Apparel Industry” were also officially released at this summit. The China National Textile and Apparel Council has long been committed to promoting corporate social responsibility among Chinese textile and apparel enterprises. In recent years, through cooperation with the German organization GIZ, the Council has held five consultation meetings—each targeting Chinese-funded enterprises, international non-governmental organizations, and overseas chambers of commerce and associations of Chinese enterprises—in three locations: Nantong, China; Phnom Penh, Cambodia; and Yangon, Myanmar. Based on fully considering the views of all relevant parties, these guidelines have been refined and finalized.
As China’s first set of guidelines for responsible overseas investment based on the lifecycle of overseas investments, the “Guidelines for Responsible Overseas Investment in China’s Textile and Apparel Industry” emphasizes responsible corporate behavior throughout the various stages of overseas investment—investment assessment, implementation, and exit—in the Chinese textile and apparel sector. These guidelines can help companies in the industry better integrate into global value chains and their investment destinations, ultimately contributing to the building of a community with a shared future for mankind and to the global achievement of the United Nations’ 2030 Sustainable Development Goals.
Zhongyue Textiles: Focusing on Collaboration and Pursuing Open Development
Sun Ruizhe, President of the China National Textile and Apparel Council, delivered a keynote speech on the theme of “Sustainable Integrated Development of the Textile and Apparel Industry—Regional Cooperation to Tackle Global Challenges.” He stated that China’s textile and apparel industry has become a key engine driving regional industrial development, an important industrial platform for promoting global responsible governance, and a significant contributor to China’s national economic growth. Currently, the environment in which the textile and apparel industry operates is undergoing structural changes: global economic instability and uncertainty are on the rise; global innovation is deepening; digital trade is rapidly expanding; regionalization of supply chains has become a major trend; and responsible development has reached a global consensus. Under these new circumstances, China’s textile and apparel supply chain is also experiencing new transformations: the supply chain is shifting toward consumer-driven models; the manufacturing stage is becoming the core of value creation; distribution channels are evolving toward integration and socialization; green and environmentally friendly considerations are being fully incorporated into every link of the textile value chain; and international cooperation is deepening.
Today, with its massive consumer market, open market space, and well-established innovation ecosystem, China’s textile and apparel industry boasts tremendous growth potential and opportunities. Under the new circumstances, the path to win-win cooperation between China and Vietnam’s textile and apparel industries should focus on synergy and open development; center on technology and foster innovative development; and be guided by responsibility and promote green development.
Vu Duc Giang, Chairman of the Vietnam Textile and Apparel Association, presented an overview of the development of Vietnam’s textile and apparel industry under the theme “The Path to Sustainable Development for Vietnam’s Textile and Apparel Industry.” He noted that Vietnamese apparel companies currently enjoy advantages such as a favorable labor structure, low costs, and preferential export policies. At the same time, they also face challenges including insufficient development, reliance on imported raw materials, low technological levels, and a relatively low level of education among the workforce.