The 4th industrial revolution is predicted to reach a sudden development speed in the time ahead. Therefore, industries in Vietnam like the textile and garment sector using intensive labor are advised to fully tap opportunities and overcome challenges brought by the revolution. A workshop was held by the Vietnam Textile and Apparel Association (VITAS) in Hanoi on July 13 yesterday to discuss smart production towards sustainable development for the textile and garment industry.
The event is part of a cooperation programme between the Republic of Korea (RoK) and Vietnam, which was agreed in a memorandum of understanding signed at the RoK-Vietnam Joint Economic Committeeâ€™s 15th meeting in the RoK on February 7, 2016.
The seminar sought to improve the capacity of Vietnamese textile enterprises in the context of digital era and the 4th industrial revolution, thus sharpening their competitive edge.
The workshop offered a good chance for Vietnamese firms to meet with leading RoK experts, and get consultations of dyeing and smart fabric management systems, digital technology transformation and 3D design in the fashion industry, sustainable development trends in the textile and garment industry.
VITAS President Vu Duc Giang said that the RoK is now the fourth largest importer of Vietnamese apparel, spending 2.28 billion USD in 2016.
Meanwhile, Vietnam imported a great volume of fabric and materials from the RoK to serve its textile industry in the year.
Truong Van Cam, Vice President of the VITAS said that the association is working hard to encourage its members to renovate production, towards smart production in line with the on-going 4th industrial revolution.
The smart factory solution in the industry is likely to help increase productivity, and quantitative production, reduce production cost, effectively manage personnel and better working conditions in the Vietnam textile and garment industry.
A weekly report covering market and price information on the entire chain of polyester along with online access to daily polyester chain prices.
One-time reports that are issued annually cover the demand and supply trends in individual products including polyester, nylon, acrylic, viscose, and cotton.
One-time reports that are issued annually cover the demand and supply trends in the individual country's natural and manmade fiber/filament industries.
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