Vietnam garment exporters are planning to meet the rule of origin from Trans Pacific Partnership.

A good news is the construction of the Dinh Vu polyester fibre plant in Hai Phong city, the north of Vietnam is almost complete and will be ready to launch by August this year. In addition, PetroVietnam Petrochemiacl and Textile Joint Stock (PVTex) company and some foreign partners have signed five contract to provide services to the factory.

With the total investment capital of US$324.85 million and promising production capacity of 500 tones of fibre a day, Dinh Vu polyester and fibre plant has been destined to be the supplier for many garment factories in Vietnam. It is said that once going into commercial operation, the plant will meet about 40 percent of market demand of Vietnam clothes manufacturers for raw materials.

It is a promising future for garment industry in Vietnam to fulfill the strict requirement of origin from the Trans Pacific Partnership which would open a straight and easier way for Vietnam clothes manufacturers to export their products into their target markets namely the U.S. Currently, Vietnam garment factories depend much on Chinese supplier of raw materials which put these clothes manufacturers in the situation of trade deficit and reliance on China as the Chinese yuan keeps appreciating.

To enhance and smooth the exports procedure of Vietnam clothes manufacturers, it is critical to take into account all the steps in making finished products from sourcing materials to finishing products as Vietnam is known as being lack of profession in terms of weaving, dyeing and finishing fabrics. 

Practically 60% to 70% the fibre produced in Vietnam are being exported but Most of Vietnam garment factories have to import fabrics for production. To prevent this redundancy, it is necessary to develop the supplementary factories so that Vietnam garment exporters could take the initiative in the whole process on the way to enhance the textiles industry in Vietnam.

It is a proactive approach that should be taken into account by any party related. No exception, Vietnam Garment Factory has looked beyond the situation to be more localization in the production of garment products.