AHK Vietnam - Delegation of the German Industry and Commerce in Vietnam’s Post

🌐 Exploring Smart Diversification in Vietnam's Textile Sector: Insights from an RMIT Academic I'm excited to share my latest publication in The Investor, titled "Smart Diversification: An Impressive Feature of Vietnam's Textile Sector." This article delves into the dynamic evolution and strategic adaptations of Vietnam's textile industry in the global market. 🔍 Key Highlights: - Analyzing the sector's shift towards value-added products and sustainable practices. - Discussing the implications of these changes for both local and international stakeholders. - Providing a comprehensive overview of the challenges and opportunities faced by the industry. #TextileIndustry #Vietnam #EconomicDevelopment #SustainablePractices #RMIT #AcademicInsights #GlobalTrade

ASEAN's textile dominance challenges traditional players. Growing integration, sustainability efforts, and competitive edge position ASEAN as a rising force in textile manufacturing. ASEAN's textile dominance challenges traditional players. Growing integration, sustainability efforts, and competitive edge position ASEAN as a rising force in textile manufacturing. #asean #sustainability #manufacturing #textile

As consumer awareness of sustainability and environmental impact grows in key export markets, textile enterprises in Vietnam are responding by embracing green production processes. European standards for imported textiles have significantly compelled Vietnamese manufacturers to adapt and meet product safety, human, and environmental impact requirements. This shift towards green production benefits the environment and enhances the reputation and competitiveness of Vietnamese textiles in the global market. Explore the textile industry's future outlook: https://ow.ly/PJU750Prxmw --- 📰 Updates on the latest Vietnam regulatory news: https://ow.ly/vQT850Prxmv 🤝 Get support from our local Vietnam experts: https://ow.ly/ox0i50Prxmx #AsiaBriefing #GreenProduction #Textile #VietnameseTextiles #ExportMarkets #EnvironmentalImpact

👕👚MAKING ASIA’S TEXTILE INDUSTRY FAIRER FOR PEOPLE AND THE PLANET The textile and garment industry is a key sector of the economy in many Asian countries, a significant contributor to the GDP and creator of millions of jobs. In some countries, this industry accounts for up to 80 per cent of export revenue. Although the underlying conditions in these countries vary considerably, the major challenges facing the industry are in common: ensuring decent conditions for the workers and reducing environmental impact. The German Government supports Asia’s textile industry address those challenges to become more socially, environmentally and economically sustainable, though a GIZ-implemented project on “Promoting Sustainability in the Textile and Garment Industry in Asia” (FABRIC). The project brings together change makers of the Asian garment and textile industry and makes production processes fairer for people and for the planet. By identifying the common interests of key actors, FABRIC supports sustained knowledge transfer and greater cooperation between countries and across the global supply chains. Working closely with other relevant global and regional initiatives, FABRIC currently operates in six countries: Bangladesh, Cambodia, China, Myanmar, Pakistan, and Viet Nam. In Viet Nam, FABRIC has seen the following results: ♻️130 factories trained in Climate Action, many of whom are now better able to scale up the acquired know-how across their supply chains. ♻️187 factories supported in chemical management, 74% of whom became capable of improving their chemical management score by more than 20%. 📝 A Code of Conduct and practical manual on the subject of sexual harassment in the workplace was developed with public and private entities. Once approved by the tripartite partners, it will set a standard for Vietnamese companies to work on this topic.   👉Learn more about how FABRIC supports the textile and garment industry to become more sustainable: https://lnkd.in/gTb-_2EQ #SustainableEconomicDevelopment #FABRICVietnam

As consumer awareness of sustainability and environmental impact grows in key export markets, textile enterprises in Vietnam are responding by embracing green production processes. European standards for imported textiles have significantly compelled Vietnamese manufacturers to adapt and meet product safety, human, and environmental impact requirements. This shift towards green production benefits the environment and enhances the reputation and competitiveness of Vietnamese textiles in the global market. Explore the textile industry's future outlook: https://ow.ly/FT0J50Prxx6 --- 📰 Updates on the latest Vietnam regulatory news: https://ow.ly/Wafo50Prxx5 🤝 Get support from our local Vietnam experts: https://ow.ly/G2Mm50Prxx7 #AsiaBriefing #GreenProduction #Textile #VietnameseTextiles #ExportMarkets #EnvironmentalImpact

In the dynamic landscape of the Indonesian textile and garment industry, adaptation is key. As we navigate through shifting political tides, our industry remains resilient and proactive. 📜 **Regulatory Agility:** We keep a close eye on evolving regulations, ensuring our operations align with changing policies. 🌐 **Diversified Markets:** Our commitment to diversifying export markets reduces vulnerability to political fluctuations in trade. 🌿 **Sustainability:** We embrace sustainability, aligning with global standards and fulfilling consumer expectations for eco-conscious practices. 🌍 **Global Trade:** Trade agreements and international partnerships play a pivotal role in shaping our industry's future. 💼 **Labor Rights:** Upholding labor rights and fair employment practices remains non-negotiable for us. 🏛️ **Advocacy:** We actively engage in advocacy for political stability, fostering a conducive environment for growth and investment. In a world of constant change, the Indonesian textile and garment industry continues to evolve, driven by innovation, sustainability, and adaptability. Together, we rise to the challenges and opportunities on our path to a brighter future. #Anweca #Indonesia #PoliticalClimate

What does the upcoming EU legislation mean for the industry's global value chains? And how do Danish companies, through supplier cooperation, ensure compliance with the upcoming legislation? In collaboration with Danish Fashion & Textile and Etisk Handel Danmark, the Danish Embassy in Bangladesh's new Sustainability and Supply Chain Advisory team invites you to an exciting afternoon that takes a closer look at the major development that the textile industry in Bangladesh has undergone in the last 10 years, the sustainable transition which the industry looks into in order to meet upcoming legislation from the EU and how the Ministry of Foreign Affairs, in collaboration with the industry, works strategically to help Danish companies with a sustainable transition of their value chains. Title: EU’s tekstilstrategi og tekstilbranchens globale værdikæder: Tema om Bangladesh Date: 19 September 2023 The event is aimed at Danish fashion and textile companies, as well as Danish suppliers of green technology to the industry, who are either already in Bangladesh or who are curious about producing in, or supplying to, Bangladesh. To know more and registrations, please visit the following links: https://lnkd.in/gzzskyHe https://lnkd.in/gJvtMGeU #explorebangladesh #sustainability #greentech #supplychain #bangladesh #denmark

🌏👗 Vietnam’s Textile and Garment Industry: A Global Powerhouse with Potential and Challenges Vietnam, the world's third-largest exporter of textiles and garments, exported $44.5 billion worth in 2022, holding a 5.7% market share. With a strong presence in the US and an advantage in the EU market thanks to the EU-Vietnam Free Trade Agreement, the industry is poised for growth. 📈 However, challenges such as a projected 8% decrease in global demand in 2023, competition from countries with geographical advantages, and decreased competitiveness due to factors like exchange rates and logistical hurdles, pose significant threats. 🌪️ To address these challenges, Vietnam is focusing on embracing technology and innovation, implementing green production practices, and strengthening its domestic supply chain. The government has outlined a strategic roadmap for the industry's development up to 2030, focusing on specialization, modernization, and brand development. 🚀 Don't miss the Vietnam International Trade Fair for Apparel, Textiles and Textile Technologies (VIATT) taking place in Ho Chi Minh City from February 28 to March 1, 2024. This trade fair aims to connect Vietnamese firms with international businesses, facilitating technology transfer, management expertise sharing, and supply chain development. 🤝 Refer Link below for Further information: https://lnkd.in/g8Vg2tXe Reference Sources: https://lnkd.in/g-HyGuTZ https://lnkd.in/gCdJXHNx https://lnkd.in/gY6Fxj9h See Also: Unleash Your Business Potential with Vietnam’s Hospitality Industry! https://lnkd.in/g2i62T8e Vietnam’s Retail Scene in 2024: A New Era of Expansion! https://lnkd.in/gJD2Ue8B Vietnam Market Entry: Key Legal Considerations https://lnkd.in/g4GrWSad #VIATT2024 #SustainableTextiles #VietnamTextiles #GreenSolutions #EcoFashion #EthicalFashion #CircularEconomy #TextileWasteReduction #RenewableEnergyTextiles #WaterConsciousTextiles #SustainableDyes #MadeInVietnam #VietnamSustainableDevelopment #SupportSustainableBusiness #Vietnam #TextileIndustry #GarmentIndustry #globaltrade

At Sateri, our commitment to sustainability goes beyond our own journey; we're on a mission to drive sustainability across the entire industry. Sateri co-produced the "2021-2023 China Nonwovens Industry Social Responsibility Report https://lnkd.in/gYkFnrse" with China Nonwovens & Industrial Textiles Association (CNITA) and the Office of Social Responsibility of the China National Textile and Apparel Council (CNTAC) which was unveiled at the 11th China International Nonwovens Conference. This report offers a snapshot of the current state of China's nonwovens sector, and emphasizes key initiatives and accomplishments. It seeks to deepen awareness and garner support for the nonwovens industry from relevant stakeholders like the government, the public, media, and value chain actors, by outlining the social responsibility strategies and frameworks within the nonwovens industry. Sateri's nonwovens fabric is one of the latest addition to our diverse business portfolio. Being part of the RGE group of companies, Sateri’s vertical integration with upstream plantation and pulp resources enables it to innovate and develop quality products that the market desires. For its ability to create differentiated and eco-friendly nonwovens product solutions that help mitigate environmental impacts, Sateri was recognised as an Outstanding Supplier to the China Nonwovens Industry for 2022/2023 at the same conference event. #sustainability #sustainablefashion #fibre #sustainabledevelopment #sustainablebusiness #sustainablematerials #viscose #textileindustry #rayon #nonwoven

Office Of The Textile Commissioner - India ITMF - International Textile Manufacturers Federation Manoj Patodia Boobalan Pitchamuthu SESSION: REGIONAL COOPERATION AND PARTNERSHIPS FOR SUSTAINABLE DEVELOPMENT Ms. Roop Rashi Textile Commissioner Government of India Moderator: Dr. Christian Schindler Director General International Textile Manufacturers Federation (ITMF) Mr. Manoj Patodia Past Chairman, TEXPROCIL Vice Chairman & MD Prime Urban Development India Ltd. Mr. Boobalan Pitchamuthu President Director Texcoms Worldwide Mr. Debasish Kumar Saha CEO, Esquire Group, Bangladesh  The session deliberated upon how the Asian countries should boost regional cooperation to take the maximum benefit of the China + policy that has emerged. Panelists opined that Asian countries like India, Bangladesh, and Indonesia should work towards having a more resilient and integrated supply chain starting from the fibre to finished goods like apparel and made-ups and should also utilize the latest IT solutions to make them more robust. Panelists suggested that in order to capture the share of China from global trade, other Asian countries should work towards achieving the scale and should also adopt flexibility in their manufacturing to meet the emerging demands of customers. It was also discussed that Asian countries should work towards having common standards, certificates and cooperation in Customs for increased mutual cooperation in the region. Panellists opined that Asian countries should ask their respective Governments to come up with new HSN codes for garments and other textile items made-up of recycled fibres. Ideas to incorporate the costs of obtaining sustainability and other certifications in the supply chains were also discussed with manufacturers and various brands and sourcing companies.