VIETNAM TEXTILE AND APPAREL INDUSTRY

The world textile and apparel industry is deeply influenced by macroeconomic fluctuations. China is the world’s largest textile and apparel factory with a complete supply chain and advantages of machinery as well as cheap labor. In 2018, the scale of global textile and apparel revenue was estimated at 1,438.6 million USD.

The textile and apparel industry is one of Vietnam’s key industries, whose export turnover ranks second with the export value contributing from 10-15% to GDP. In recent years, the textile and apparel industry has continuously developed with an average rate of 17% a year.

In Q1/2019, the fiber production output in the whole country increased 32.6% over the same period in 2017, in which the synthetic and natural fibers production accounted for nearly 90%. The estimated consumption volume rose about 20.14% over 2017.

In Q1/2019, the apparel production increased 8.9% over the same period in 2018 due to the positive growth in exports from export orders to many large countries such as the US, Japan and South Korea. The textile and apparel exports in Q1/2019 increased 10.6% over the same period in 2018.

It is forecast that Vietnam’s textile and apparel export turnover may reach xxx billion USD by 2025 thanks to FTAs. Along with that, Vietnam also faces many difficulties and challenges when having to comply with rules of origin, labor standards, strict requirements on social responsibility, ecological labels, environmental protection…

Abbreviations
Executive summary
I. Business environment
1. Macroeconomic situation
2. Legal framework
3. Trade agreements
II. Industry overview
1. World textile and apparel market
1.1 Industry Scale
1.2.Global Value chain
1.3. Input material
1.4 Spinning
1.5. Textile dyeing
1.6. Garment
1.7. Distribution and export system
1.8. Textile and garment industry’s machine
2. Vietnam textile and garment market
2.1. Vietnam textile and garment market’s overview
2.2. Input material
2.3. Spinning
2.4. Dyeing textile
2.5. Garment
2.6. Distribution and export system
III. Prospect and risk
1. Industry risk
1.1. 5-forces analysis
1.2. SWOT analysis
1.3. Risks
2. Prospect
2.1. Industry plan
2.2. Forecast and industry prospect rating
IV. Enterprise analysis
1. Garment enterprise analysis
2. Textile and yarns enterprise analysis
IV. Conclusion

Garment 10 Corporation
The Duc Giang Garment Joint Stock Company
Nha Be Garment Joint Stock Company
Viet Tien Garment Joint Stock Company
SAIGON GARMENT MANUFACTURING TRADE JOINT STOCK
Hoa Tho Textile and Garment
DONG NAI GARMENT CORPORATION
THAI NGUYEN INVESTMENT AND TRADING JOINT STOCK COMPANY
VIET THANG CORPORATION
PHONG PHU JOINT STOCK COMPANY
THANH CONG TEXTILE GARMENT INVESTMENT TRADING JOINT STOCK COMPANY
Century Fiber Joint Stock Company
HUE TEXTILE GARMENT JOINT STOCK COMPANY

List of figures
Figure 1: GDP growth rate by quarter, 2016 – 2019
Figure 2: GDP by current price and GDP per capita, 2013 – 2018
Figure 3: Structure of GDP in current price, Q1/2019
Figure 4: Contribution to growth rate of economic region in quarter 1, 2017 – 2019
Figure 5: Proportion of textile export value in total export value, 2013 – Q1/2019
Figure 6: The main import items are from China, Q1/2019
Figure 7: Main export items to China, Q1/2019
Figure 8: VND / CNY exchange rate, 3/2018 – 3/2019
Figure 9: VND / USD exchange rate, 1/2013 – 3/2019
Figure 10: Revenue of commodity retail, 2010 – Q1/2019
Figure 11: Global textile industry scale, 2012 – 2021f
Figure 12: World cotton prices *, 2015 – 3/2019
Figure 13: Price movements of PTA, MEG, PET Chip and PSF in Asia, 3/2016 – 6 / 2018e
Figure 14: World cotton production, 2012/2013 – 2018 / 2019e
Figure 15: World cotton consumption, 2012/2013 – 2018 / 2019e
Figure 16: Cotton productivity in some countries, 2015/2016 – 2018 / 2019e
Figure 17: World cotton export volume, 2012/13 – 2018 / 2019e
Figure 18: World cotton import volume, 2012/13 – 2018 / 2019e
Figure 19: World fiber production and consumption, 2000 – 2017e
Figure 20: World fiber consumption by type, 2018
Figure 21: World fiber export, 2010 – 2017e
Figure 22: World demand for fiber, 2017
Figure 23: Structure of world fiber consumption goals in 2014
Figure 24: Demand for world fiber consumption 1980 – 2030e
Figure 25: Global yarn and fabric production index Q2/2016 – Q2/2018
Figure 26: World cloth trade, 2010 – 2018e
Figure 27: Top 10 largest garment exporters in the world, 2017e
Figure 28: Top 10 largest garment importers in the world, 2017e
Figure 29: Global scale of textile production 2014-2018e
Figure 30: Global textile import and export value, 2010 – 2023e
Figure 31: Top 10 largest garment exporters in the world, 2017e
Figure 32: Top 10 largest garment importers in the world, 2017e
Figure 33: Global apparel trade value 2003-2018F
Figure 34: Global textile export structure 2017e
Figure 35: Scale of consumption of global apparel market 2015 – 2025f
Figure 36: Spending per capita on apparel 2014-2019F
Figure 37: Average salary of some countries, 2016
Figure 38: The average salary of the textile industry of some countries, 2016
Figure 39: Value of world apparel retail industry 2014-2019e
Figure 40: The world’s largest textile machinery importers, 2017e
Figure 41: The largest textile machinery exporter in the world, 2017e
Figure 42: Allocation of textile and garment enterprises by region, 2017
Figure 43: Allocation of private industry garment enterprises by region, 2016
Figure 44: The proportion of turnover of garment enterprises, 2014
Figure 45: Current situation of cotton production in Vietnam, 2013/2014 – 2016/2017e
Figure 46: Area of ​​cotton growing in some major areas,2013/2014 – 2016/2017
Figure 47: Supply cotton by output, 2016/2017 – 2018/2019e
Figure 48: Cotton demand according to output,2016/2017 – 2018/2019e
Figure 49: Price of imported cotton, 8/2014 – 3/2019
Figure 50: Cotton imports of Vietnam, 2013 –Q1/2019
Figure 51: Import market structure of cotton by value, Q1/2019
Figure 52: Market structure of imported raw materials, textile materials, leather, shoes, Q1/2019
Figure 53: Import-export turnover of textile, leather and footwear materials and accessories, 2013 –Q1/2019
Figure 54: Market structure for export of raw materials, garment accessories, footwear, Q1/2019
Figure 55: Production of fiber, yarn, 2010 -Q1/2019
Figure 56: Output and value of fiber, fiber consumption, 2010 – Q1/2019
Figure 57: Import and export of fiber in Vietnam, 2010 – Q1/2019
Figure 58: Import structure of textile fiber by volume, Q1/2019
Figure 59: Export structure of textile fiber by volume, Q1/2019
Figure 60: Number of spindles, rotor branches of Vietnam yarn industry,
2010 – 2017e
Figure 61: Yarn production of Vietnam, 2014 – Q1/2019
Figure 62: Production structure of Vietnamese fabrics, 2012 – Q1/2019
Figure 63: Fabric consumption value, 2012 – Q1/2019
Figure 64: Fabric import and export turnover of Vietnam, 2011 – Q1/2019
Figure 65: Structure of Vietnam’s fabric import market, Q1/2019
Figure 66: Production of clothing, 2012 -Q1/2019
Figure 67: Market share of domestic garment market,2016e
Figure 68: Textile exports (including fabrics), 2010 – Q1/2019
Figure 69: Volume of garment products exported from Vietnam to EAEU, 7T / 2018
Figure 70: Structure of Vietnam’s textile and garment export market, Q1/2019
Figure 71: Export value of textiles and garments to some countries, 2013 – Q1/2019
Figure 72: Export of textiles and garments of FDI enterprises and domestic enterprises, 2010 – Q1/2019
Figure 73: Time (day) of the average order production of Vietnam
Figure 74: Textile inventory index and costume production index, 1/2017 – 3/2019
Figure 75: Rate of competition in Vietnam textile and garment industry
Figure 76: Global textile and garment market price forecast in period of 2015-2022f
Figure 77: Estimates of global apparel and non apparel market value, 2016-2022f
Figure 78: Forecast of export turnover of textiles and garments, 2016 – 2022f
Figure 79: Structure of Viet Tien’s export garment market , 2018
Figure 80: The structure of textile export market of Hoa Tho,2018
Figure 81: Export turnover of Nha Be,2011-2018
Figure 82: The structure of textile and garment export market of Nha Be, 2018
Figure 83: Export structure of Duc Giang by commodity, 2018
Figure 84: Structure of textile and garment export market of TNG,2018
Figure 85: Textile and garment market structure of May Dong Nai, 2014
Figure 86: Net revenue, 2017 – 2018
Figure 87: Gross profit margin, 2017 – 2018
Figure 88: Financial cost and ratio of financial cost / net revenue, 2017 – 2018
Figure 89: Solvency, 2017 – 2018
Figure 90: Index of payment, 2017 – 2018
Figure 91: Profit Ratio, 2017 – 2018
Figure 92: Textile and garment market structure of Phong Phu 2014
Figure 93: Revenue structure by market of Century Synthetic Fiber Corporation, 2017
Figure 94: Revenue structure by product, 2017
Figure 95: Net revenue, 2017 – 2018
Figure 96: Gross profit margin, 2017 – 2018
Figure 97: Financial expenses and financial expenses/ net profit, 2017 – 2018
Figure 98: Asset turnover and fixed asset turnover,2018
Figure 99: Day of inventory, 2018
Figure 100: Solvency , 2017 – 2018
Figure 101: Profit rate, 2017 – 2018

List of tables
Table 1: Oil refinery projects in Vietnam
Table 2: Some of the world’s largest textile machinery manufacturers
Table 3: INDUSTRY OVERVIEW
Table 4: Number of textile and garment companies in Vietnam, 2012 – 2017
Table 5: Number of workers in Vietnam textile and garment industry, 2012 – 2017
Table 6: Balance of import and export of Vietnam textiles and garments, 2014 – 2018e
Table 7: Long yarn manufacturing enterprises in Vietnam
Table 8: Some investment projects in Vietnam in the period of 2014 – 2018
Table 9: Time (day) of the average order production in some countries
Table 10: Table of particular target in Vietnam textile and garment industry to 2030
Table 11: Top 8 garment companies in Vietnam have the largest net sales in 2018
Table 12: Production capacity of VIET TIEN GARMENT JOINT STOCK COMPANY
Table 13: Production capacity of HOA THO CORPORATION
Table 14: Investment plan in 2018
Table 15: Production capacity of Nha Be Garment corporation
Table 16: Production capacity of Garment 10 Corporation
Table 17: Production capacity of Duc Giang Corporation
Table 18: Production capacity of the subordinate units of TNG, 2018
Table 19: Machinery of VND Nai Garment Corporation, 2016
Table 20: Top five Vietnamese textile and fiber companies have the largest net sales in 2018(billion VND)
Table 21: Investment plan in 2017
Table 22: Production situation in 2017
Table 23: Production capacity of Thanh Cong Textile Garment – Investment – Trading JSC
Table 24: Production capacity of Phong Phu Corporation
Table 25: Production capacity of Hue Textile and Garment Joint Stock Company