Denim production has high growth potential in Vietnam and is attracting more investors, but eco-friendly production in the textile and garment industry is essential to protect the environment, experts noted at a conference in Ho Chi Minh City recently. Denim products account for around 10-20 per cent of Vietnam’s textile and garment product exports now.
The conference was part of Denims and Jeans Vietnam, an international exhibition on textiles, garment sand machinery organised by the Vietnam Textile and Apparel Association, Denimsandjeans.com and other organisations on June 12-13.
Around 55 to 60 per cent of the demand for materials for jeans production can be satisfied from domestic sources. according to Nguyen Thi Tuyet Mai, general secretary of the association.
Both domestic and foreign companies in the denim production sector in Vietnam are investing in advanced manufacturing chains and technologies.
The number of domestic businesses in this sector supplying materials for garments is still limited however, according to a report in a Vietnamese newspaper.
Nguyen Dinh Truong, deputy standing chairman of the association, said that considering the trend toward sustainable development, consumers were keen for green production and environment-friendly products.
Currently, denim products account for around $80 billion of global industrial good exports. (DS)