VIETNAM: Small Garment Firms Missing Out On Exports
Vietnam Garment and Textile Corporation (Vinatex) chairman, Le Quoc An, said smaller firms were struggling to win orders as they often can't meet the requirements of buyers in terms of production scale and equipment.
He said his organisation was now working on a special program that would see larger enterprises support smaller firms in order to help them develop and fill orders.
"The garment industry receives quite a few processing contracts from the US, An told the Saigon Times. "Foreign companies often place orders for quality products but only strong enterprises whose facilities are in line with high standards can get these contracts."
He added that of the 280 export-oriented garment companies in Ho Chi Minh City, only 40 have more than 500 workers.
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