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The Middle Reaches Of The Association And The Research Area In Vietnam.

2019/8/22 15:13:00 0

The Middle Class And The Way Around

In the past 6 years, China has adhered to the principle of "co operation, co construction and sharing", and has signed 173 "one belt and one way" cooperation documents with 125 countries and 29 international organizations. According to the statistics of Ministry of Commerce, from 2003 to 2018, China's textile industry's foreign direct investment totaled 9 billion 796 million US dollars, with an average annual growth rate of 15.6%, accounting for 5.2% of the total foreign direct investment of manufacturing industry. The textile industry is a leading industry for China to actively promote the "one belt and one way" construction. It is also the preferred industry to promote industrial development, create national wealth and provide substantial employment. The enterprises in China's line industry understand the development status, investment prospects, economic and trade cooperation and future trends along the belt road. The China Textile Industry Association, the China textile international capacity cooperation enterprise union and the China Textile Promotion Committee of the International Trade Promotion Association, were sent to Vietnam by Zheng Junlin, vice president of China Textile Industry Association on 15-17 August 2019. The chairman of the China Textile Industry Association, the chairman of the cable Association, Ding Junmin, chairman of Zhejiang sanding Weaving Co., as well as the leading enterprises of Fujian branch, Dongguan Yongheng, Dongguan Jiangheng, Xiamen, Yao Ming, Zhejiang, Australia, Kaiping, sail, Dongguan, Jiayi, Xiamen, etc. Burma and Vietnam are important nodes of the "one belt and one way". They are also an important member of the Lancang Mekong River cooperation. They have broad prospects for deepening cooperation and complementary advantages.

Vietnam started reform and opening up in 1986, and built the first export processing zone in 1991. In 2008, it established the first 100 percent investment park by foreign enterprises. Up to now, Vietnam's industrial park has reached 321, 16 coastal economic zones and 3 high-tech industrial parks. The main industrial parks revolve around the Red River Delta in Hanoi and the southeast of Hu Zhiming. Compared with China's government led park mode, Vietnamese have made the park more into the hands of enterprises. There are both Vietnamese local enterprises and foreign investors from Singapore, Japan, China Taiwan and Mainland China. Vietnam's industrial parks are divided into 1-4 categories according to their poverty levels. The poorer areas enjoy more preferential terms.

From the perspective of Industrial Park, we have a deep understanding of the current investment environment in Vietnam. The delegation visited the industrial parks and garden enterprises in Nam Dinh, Hanoi and Haiyang, near three.

Vietnam overview

Socialist Republic of Vietnam (Vietnam) is located in the eastern part of the Indochina Peninsula, with an area of 329 thousand square kilometers. The total population of Vietnam is 93 million 700 thousand (2017), and the working population is 54 million 800 thousand, accounting for 58.5% of the total population. There are 54 ethnic groups. The Jing nationality (also known as Yue nationality) is the main ethnic group, accounting for more than 80% of the total population and about 900 thousand of the Chinese population. Vietnam has 5 municipalities and 58 provinces, which are divided into 8 regions by region. The capital city of Hanoi is the political and cultural center of the country. It is the largest and second largest city in the country. Hu Zhiming is the largest port city and economic center in Vietnam.

Vietnam is a developing country. Reform and opening up began in 1986. Textile and clothing are pillar industries in Vietnam. At present, Vietnam has about 7000 textile and garment enterprises nationwide, employing 2 million 800 thousand people to solve 25% of the country's employment. 70% of the industry is clothing enterprises, 17% is knitted / woven enterprises, 6% is yarn enterprises, and 4% is dyeing and finishing enterprises. Private and joint-stock enterprises accounted for 84%, foreign-invested enterprises accounted for 15%, and state-owned enterprises accounted for 1%. According to the data provided by Vietnam textile and Apparel Association (VITAS), Vietnam's textile and garment industry revenue in 2018 was $42 billion, up 14% from 2017. Domestic sales of $5 billion, exports of $37 billion, an increase of 16% over 2017. According to product categories, clothing exports amounted to 30 billion 530 million US dollars, accounting for 82.52%, yarn and man-made fiber exports amounted to US $4 billion 30 million, accounting for 10.89%, fabric exports amounted to US $530 million, accounting for 1.44%, and clothing exports amounted to 1 billion 905 million US dollars, accounting for 5.15%.

Nam Dinh Po Ming Industrial Park

Po Ming Industrial Park facility investment company was founded in 2007. Private enterprises started with textiles. The main business of the company is industrial park development, residential real estate and textile and clothing. The first phase of the industrial park started in 2010, and YOUNGOR and Jiangsu Yulun were stationed in the park in 2013 and 2014 respectively. Among them, YOUNGOR is the first Chinese textile enterprise to enter the park and the largest textile enterprise in the park. The company is building the two phase of the industrial park, located in the special economic zone of Taiping Province, covering an area of 400 hectares. The 1/3 area is invested by textile and garment enterprises. The park is 50 kilometers away from the coast defense port, with convenient transportation. Its attraction lies in:

Superior geographical location and convenient external traffic

Industrial land with complete infrastructure

The park provides a full range of services.

It can provide accommodation for workers, experts and managers.

There are universities, technical schools and professional training institutions.

To provide tax incentives: corporate income tax is free in 4 years and 50% in 9 years. (corporate income tax is 10%).

The power generation capacity is 1800 MW, the water supply volume is 50000 cubic meters / day, and there is a wastewater treatment plant in the park.

   Singapore Industrial Park

Since 1996, Sheng Ke has worked with the Vietnamese government to build a comprehensive town and industrial park with work life entertainment environment. Today, there are 7 Vietnam Industrial Parks in southern Vietnam, the north and the central economic zone. These projects integrate industrial, commercial and residential programmes to meet the needs of rapid urbanization and industrialization in Vietnam. Vietnam Singapore Industrial Park has won the award of "best industrial developer" in the European currency.

The characteristics of Singapore Industrial Park are:

It has the advantage of geographical location, only 20 kilometers away from Hanoi, and only 140 kilometers to China through the friendship new town checkpoint.

Logistics centre with bonded and non bonded storage facilities

Po Ming textile company

Bao Ming textile company is the largest textile enterprise in Nam Dinh Province, located in the bMing Industrial Park. The company has weaving, dyeing and finishing processes, there are 144 looms, production capacity is weaving 1300000 meters per month, dyed weaving 300000 meters per month, dyed yarn 300 tons per month.

   Yulun (Vietnam) Textile Co., Ltd.

In 2014, Jiangsu Yulun company invested in the Ming Ming Industrial Park, Nam Dinh Province, with a total investment of US $39 million, and 120 acres of land (50 years' lease) for textile fabrics. The first phase spinning project started construction in March 2014, and some equipment was put into operation at the end of that year. In 2015, 35 thousand spindles were put into operation and operated normally, and production and operation entered a virtuous circle. Cotton yarn was mainly sold to Vietnam, China, Hongkong and the mainland. In view of the success of the first phase project, the company implemented the two phase spinning project, which started construction in May 2017, including spinning 35 thousand spindles and 1200 airstreams. After 1 years of construction, it was fully commissioned and put into operation in May 2018. So far, Yulun Vietnam has formed 70 thousand spindles and 1200 airstream spinning capacity, attracting 650 local staff and 20 Chinese managers. At present, Yulun Vietnam produces 12000 tons of cotton yarn per year, with annual sales of nearly US $40 million and annual revenue of US $about 4000000.

   Sheng Tai Group Vietnam garment factory

Sheng Tai Group has invested in the yarn weaving weaving finishing garment factory. The delegation visited its clothing factory only. Since its construction in 2015, the plant has an area of 6 hectares and employs 2000 people. It is mainly foundry of famous brand products such as UNIQLO.

   KINTEX company

Founded in 2004, Hongkong Jiali Elastic Fabric Co., Ltd., invested and promoted KINTEX ELASTIC company in Fuchun Industrial Park, Vietnam, under the request and promotion of customers. Fuchun Industrial Park is located at No. 5 highway in Haiyang Province, 27 km away from the coast defense port and 99 km away from Hanoi International Airport. The company started construction in 2018, with an area of 6000 square meters, and started production in early 2019, with 100 employees. The factory is equipped with advanced computer jacquard, spandex coating machine, warping machine, setting machine and packing machine. It mainly produces elastic jacquard ribbon, and produces an annual ribbon of 25000000 meters.

   According to the latest data released by the Foreign Investment Bureau of the Ministry of investment and Vietnam, the amount of foreign investment attracted by Vietnam in the first quarter of 2019 amounted to 10 billion 800 million US dollars, a sharp increase of 86.2% over the same period last year, the highest level in 3 years. In Vietnam, the total foreign direct investment in Vietnam amounted to US $35 billion 400 million in 2018, reaching the highest level since the promulgation of the Vietnamese investment law in 1987, an increase of 9.1% over the same period last year. Behind the boring numbers is an amazing investment fever. In addition to the continuous development of new enterprises, the Vietnamese investment enterprises are also increasing the scale of production capacity, especially the textile industry, and Vietnam is generally considered to have the golden age of "textile industry" for ten years. Through understanding, Vietnam's textile and garment industry is mainly dominated by production and processing, and its industrial chain extension is insufficient. As a supporting industry of textile and clothing, the investment in Vietnam is affected by environmental, artificial and policy factors.

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