After serveral years of operation, Khanh Hoa Textile Company has stood firm in the domestic and abroad market...
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| Khanh Hoa Garment Joint – Stock Company has just invested a modern button – close system. |
After serveral years of operation, Khanh Hoa Textile Company has stood firm in the domestic and abroad market. At present, the number of flourishing textile companies is very modest. Some well - known textile companies include Nha Trang Textile Joint – Stock Company, Khanh Hoa Garment Joint – Stock Company, Tan Tien Textile Company, Nha Trang Garment Accessories Company. During the time of operation, the majority of the materials are imported from other countries, so they depends on the price of the materials on the world market, which has made textile and garment compnanies try their best to stand firm in the market.
At present, in the locality, textile companies have difficulty in looking for the outlet of its products. Although upgraded repeatedly and provided with modern equipment and technology, Tan Tien Textile Factory (run by Khanh Viet Corporation) still meets difficult in consuming its products. From the year 2005 till now, the consumption power of its textile products has been reduced, leading to the decreasing growth rate. Nearly 50% of its textile products are made into clothing for easier consumption.
The companies mentioned above have worked by themselves without dealing with one another. So challenges loom large for these companies. Even for the big company like Vietnam Textile Corporation, although having a large network of companies across the country, it can not avoid the harsh competition in the massive product market of China, India and ASEAN countries. Particularly, since 2005, China’s exported textile products have no longer been controlled by strict quota, which make Vietnamese Textile companies face more difficulties. And Textile ones in Khanh Hoa are no exception.
Orientation is required for textile businesses
The director of the Khanh Hoa Garment Joint – Stock Company, Vo Thanh Quang said: “in competition, most businesses keep the information useful for the businesses. The majority of businesses still lack of information on WTO integration.
It is important for businesses to get information for the international integration. However, when the international integration time is approaching, the textile businesses do not think of business association. On the other hand, a number of the products of these textile companies do not meet the standard of ISO, SA…that are considered as shields to help businesses stand firm in the harsh competition in the market. Presently, there is a scarcity of skilled and technically trained workers in the field of textile in spite of the abundance of manpower.
The international integration is creating opportunities for all the businesses all over the world to come into play. Khanh Hoa Province has a rich resource of manpower. Textile products have been launched into strict markets such as America, EU… However, the number of these businesses is modest. In order to help textile businesses in Khanh Hoa province face challenges during integration, policy strategists in the locality need to know what thoughts businesses have to give right direction.
H.Y
