Vietnam's fiber and yarn exports entered the world's top 6 for the first time.

According to the analysis of the Vietnam Cotton and Fiber Association (VCOSA), the two largest textile and garment importing regions in the world, the United States and the EU, tend to reduce imports of textile materials from China while increasing imports from other countries. other country. Therefore, Vietnam will have the opportunity to expand its export market share of fibers, yarns and textiles in the future.

On the other hand, the breakthrough development prospect of the fiber and yarn industry also comes from international economic integration, especially the participation in free trade agreements such as CPTPP, EVFTA, RCEP,... VCOSA's report It also shows that, in order to seize opportunities from the market and increase the export market share of fiber and yarn, many Vietnamese enterprises have increased new investments and expanded production to anticipate the shift of goods from China. .

For example, Hanoi Textile and Garment Joint Stock Corporation (Hanosimex) in the two years of 2023-2025 will continue to invest in the 3rd yarn factory in Ha Nam, with a scale of 39,000 spindles - 10,800 tons/year with a total expected capital of 750 billions dong.

Phu Bai Yarn Joint Stock Company has completed the investment in the first 2-storey yarn factory in the system of yarn production units of Vinatex, with a total investment of 511 billion VND. The factory has a design capacity of about 500 tons/month, the target product is 100% combed and carded cotton yarn with an average index of Ne 32 - 34, targeting the markets of Korea, Japan and some markets. European market.

The new factory will help save the workforce, while improving productivity. Scale of 30,000 spindles, but only need 130 workers, reducing the number of labors by half compared to the old factory. The factory is also equipped with a solar battery system, aiming to save energy sources, catching up with the trend of greening the textile industry.

Huong Sen Comfor Textile Yarn Co., Ltd continues to invest in construction and expand production in phase 2 to 43,000 spindles with synchronous equipment imported from Europe. Expected to go into operation in the first quarter of 2023, bringing the total capacity to 13,500 tons of yarn/year.

Thai Tuan Group Joint Stock Company also started the project of Thai Tuan Hi-tech Complex with a total investment of 16,000 billion VND. The project is expected to turn this place into a high-tech complex, producing the leading modern industry chain of yarn - weaving - finishing - garment - footwear - modern fashion accessories in Vietnam.

The project was built in Duc Hoa III industrial park, Duc Hoa district, Long An province, with a total area of ​​85ha. The project is divided into 3 phases: investment in land, technical infrastructure; invest in textile, finishing and accessory factories, product display centers, human resource training centers; investment in spinning factories, logistics.

 Nguyen Huong (t/h)