Vietnam Textile and Apparel Standard Report Q2/2019
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...
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
SUMMARY
I. Business environment
1. MACROECONOMIC SITUATION
2. LEGAL FRAMEWORK
II. Industry situation
1. GLOBAL TEXTILE AND APPAREL MARKET
1.1 Industry scale
1.2. Global value chain
1.3. Spinning
1.4. Dyeing Textile
1.5. Garment
2. VIETNAM TEXTILE AND APPAREL MARKET
2.1. Vietnam textile and garment market's overview
2.2. Spinning
2.3. Dyeing textile
2.4. Garment
2.5 Export system
III. Prospect
1. PROSPECTS
1.1. Planning
IV. Enterprise analysis
1. GARMENT ENTERPRISE ANALYSIS
2. TEXTILE AND FIBER ENTERPRISE ANALYSIS
SUMMARY
I. Business environment
1. MACROECONOMIC SITUATION
2. LEGAL FRAMEWORK
II. Industry situation
1. GLOBAL TEXTILE AND APPAREL MARKET
1.1 Industry scale
1.2. Global value chain
1.3. Spinning
1.4. Dyeing Textile
1.5. Garment
2. VIETNAM TEXTILE AND APPAREL MARKET
2.1. Vietnam textile and garment market's overview
2.2. Spinning
2.3. Dyeing textile
2.4. Garment
2.5 Export system
III. Prospect
1. PROSPECTS
1.1. Planning
IV. Enterprise analysis
1. GARMENT ENTERPRISE ANALYSIS
2. TEXTILE AND FIBER ENTERPRISE ANALYSIS
LIST OF TABLES
Table 1: Oil refinery projects in Vietnam
Table 2: INDUSTRY OVERVIEW
Table 3: Number of textile and garment companies in Vietnam, 2012 - 2017
Table 4: Number of workers in Vietnam textile and garment industry, 2012 - 2017
Table 5: Balance of import and export of Vietnam textiles and garments, 2014 - 2018e
Table 6: Long yarn manufacturing enterprises in Vietnam
Table 7: Some investment projects in Vietnam in the period of 2014 - 2018
Table 8: Time (day) of the average order production in some countries
Table 9: Table of particular target in Vietnam textile and garment industry to 2030
Table 10: Top 8 garment companies in Vietnam have the largest net sales in 2018
Table 11: Production capacity of VIET TIEN GARMENT JOINT STOCK COMPANY
Table 12: Production capacity of HOA THO CORPORATION
Table 13: Investment plan in 2018
Table 14: Production capacity of Nha Be Garment corporation
Table 15: Production capacity of Garment 10 Corporation
Table 16: Production capacity of Duc Giang Corporation
Table 17: Production capacity of the subordinate units of TNG, 2018
Table 18: Machinery of VND Nai Garment Corporation, 2016
Table 19: Top five Vietnamese textile and fiber companies have the largest net sales in 2018(billion VND)
Table 20: Investment plan in 2017
Table 21: Production situation in 2017
Table 22: Production capacity of Thanh Cong Textile Garment - Investment - Trading JSC
Table 23: Production capacity of Phong Phu Corporation
Table 24: Production capacity of Hue Textile and Garment Joint Stock Company
Table 1: Oil refinery projects in Vietnam
Table 2: INDUSTRY OVERVIEW
Table 3: Number of textile and garment companies in Vietnam, 2012 - 2017
Table 4: Number of workers in Vietnam textile and garment industry, 2012 - 2017
Table 5: Balance of import and export of Vietnam textiles and garments, 2014 - 2018e
Table 6: Long yarn manufacturing enterprises in Vietnam
Table 7: Some investment projects in Vietnam in the period of 2014 - 2018
Table 8: Time (day) of the average order production in some countries
Table 9: Table of particular target in Vietnam textile and garment industry to 2030
Table 10: Top 8 garment companies in Vietnam have the largest net sales in 2018
Table 11: Production capacity of VIET TIEN GARMENT JOINT STOCK COMPANY
Table 12: Production capacity of HOA THO CORPORATION
Table 13: Investment plan in 2018
Table 14: Production capacity of Nha Be Garment corporation
Table 15: Production capacity of Garment 10 Corporation
Table 16: Production capacity of Duc Giang Corporation
Table 17: Production capacity of the subordinate units of TNG, 2018
Table 18: Machinery of VND Nai Garment Corporation, 2016
Table 19: Top five Vietnamese textile and fiber companies have the largest net sales in 2018(billion VND)
Table 20: Investment plan in 2017
Table 21: Production situation in 2017
Table 22: Production capacity of Thanh Cong Textile Garment - Investment - Trading JSC
Table 23: Production capacity of Phong Phu Corporation
Table 24: Production capacity of Hue Textile and 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 fiber production and consumption, 2000 - 2017e
Figure 13: World fiber consumption by type, 2018
Figure 14: World fiber export, 2010 - 2017e
Figure 15: World demand for fiber, 2017
Figure 16: Structure of world fiber consumption goals in 2014
Figure 17: Demand for world fiber consumption 1980 – 2030e
Figure 18: Global yarn and fabric production index Q2/2016 – Q2/2018
Figure 19: World cloth trade, 2010 - 2018e
Figure 20: Top 10 largest garment exporters in the world, 2017e
Figure 21: Top 10 largest garment importers in the world, 2017e
Figure 22: Global scale of textile production 2014-2018e
Figure 23: Global textile import and export value, 2010 - 2023e
Figure 24: Top 10 largest garment exporters in the world, 2017e
Figure 25: Top 10 largest garment importers in the world, 2017e
Figure 26: Global apparel trade value 2003-2018F
Figure 27: Global textile export structure 2017e
Figure 28: Scale of consumption of global apparel market 2015 - 2025f
Figure 29: Spending per capita on apparel 2014-2019F
Figure 30: Average salary of some countries, 2016
Figure 31: The average salary of the textile industry of some countries, 2016
Figure 32: Allocation of textile and garment enterprises by region, 2017
Figure 33: Allocation of private industry garment enterprises by region, 2016
Figure 34: The proportion of turnover of garment enterprises, 2014
Figure 35: Production of fiber, yarn, 2010 -Q1/2019
Figure 36: Output and value of fiber, fiber consumption, 2010 - Q1/2019
Figure 37: Import and export of fiber in Vietnam, 2010 - Q1/2019
Figure 38: Import structure of textile fiber by volume, Q1/2019
Figure 39: Export structure of textile fiber by volume, Q1/2019
Figure 40: Number of spindles, rotor branches of Vietnam yarn industry,
2010 - 2017e
Figure 41: Yarn production of Vietnam, 2014 - Q1/2019
Figure 42: Production structure of Vietnamese fabrics, 2012 - Q1/2019
Figure 43: Fabric consumption value, 2012 - Q1/2019
Figure 44: Fabric import and export turnover of Vietnam, 2011 - Q1/2019
Figure 45: Structure of Vietnam's fabric import market, Q1/2019
Figure 46: Production of clothing, 2012 -Q1/2019
Figure 47: Market share of domestic garment market,2016e
Figure 48: Textile exports (including fabrics), 2010 - Q1/2019
Figure 49: Volume of garment products exported from Vietnam to EAEU, 7T/2018
Figure 50: Structure of Vietnam's textile and garment export market, Q1/2019
Figure 51: Export value of textiles and garments to some countries, 2013 - Q1/2019
Figure 52: Export of textiles and garments of FDI enterprises and domestic enterprises, 2010 - Q1/2019
Figure 53: Time (day) of the average order production of Vietnam
Figure 54: Textile inventory index and costume production index, 1/2017 - 3/2019
Figure 55: Rate of competition in Vietnam textile and garment industry
Figure 59: Structure of Viet Tien’s export garment market , 2018
Figure 60: The structure of textile export market of Hoa Tho,2018
Figure 61: Export turnover of Nha Be,2011-2018
Figure 62: The structure of textile and garment export market of Nha Be, 2018
Figure 63: Export structure of Duc Giang by commodity, 2018
Figure 64: Structure of textile and garment export market of TNG,2018
Figure 65: Textile and garment market structure of May Dong Nai, 2014
Figure 66: Net revenue, 2017 - 2018
Figure 67: Gross profit margin, 2017 - 2018
Figure 68: Financial cost and ratio of financial cost/net revenue, 2017 - 2018
Figure 69: Solvency, 2017 - 2018
Figure 70: Index of payment, 2017 - 2018
Figure 71: Profit Ratio, 2017 - 2018
Figure 72: Textile and garment market structure of Phong Phu 2014
Figure 73: Revenue structure by market of Century Synthetic Fiber Corporation, 2017
Figure 74: Revenue structure by product, 2017
Figure 75: Net revenue, 2017 - 2018
Figure 76: Gross profit margin, 2017 - 2018
Figure 77: Financial expenses and financial expenses/net profit, 2017 - 2018
Figure 78: Asset turnover and fixed asset turnover,2018
Figure 79: Date of inventory, 2018
Figure 80: Payment ratio, 2017 - 2018
Figure 81: Profit rate, 2017 - 2018
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 fiber production and consumption, 2000 - 2017e
Figure 13: World fiber consumption by type, 2018
Figure 14: World fiber export, 2010 - 2017e
Figure 15: World demand for fiber, 2017
Figure 16: Structure of world fiber consumption goals in 2014
Figure 17: Demand for world fiber consumption 1980 – 2030e
Figure 18: Global yarn and fabric production index Q2/2016 – Q2/2018
Figure 19: World cloth trade, 2010 - 2018e
Figure 20: Top 10 largest garment exporters in the world, 2017e
Figure 21: Top 10 largest garment importers in the world, 2017e
Figure 22: Global scale of textile production 2014-2018e
Figure 23: Global textile import and export value, 2010 - 2023e
Figure 24: Top 10 largest garment exporters in the world, 2017e
Figure 25: Top 10 largest garment importers in the world, 2017e
Figure 26: Global apparel trade value 2003-2018F
Figure 27: Global textile export structure 2017e
Figure 28: Scale of consumption of global apparel market 2015 - 2025f
Figure 29: Spending per capita on apparel 2014-2019F
Figure 30: Average salary of some countries, 2016
Figure 31: The average salary of the textile industry of some countries, 2016
Figure 32: Allocation of textile and garment enterprises by region, 2017
Figure 33: Allocation of private industry garment enterprises by region, 2016
Figure 34: The proportion of turnover of garment enterprises, 2014
Figure 35: Production of fiber, yarn, 2010 -Q1/2019
Figure 36: Output and value of fiber, fiber consumption, 2010 - Q1/2019
Figure 37: Import and export of fiber in Vietnam, 2010 - Q1/2019
Figure 38: Import structure of textile fiber by volume, Q1/2019
Figure 39: Export structure of textile fiber by volume, Q1/2019
Figure 40: Number of spindles, rotor branches of Vietnam yarn industry,
2010 - 2017e
Figure 41: Yarn production of Vietnam, 2014 - Q1/2019
Figure 42: Production structure of Vietnamese fabrics, 2012 - Q1/2019
Figure 43: Fabric consumption value, 2012 - Q1/2019
Figure 44: Fabric import and export turnover of Vietnam, 2011 - Q1/2019
Figure 45: Structure of Vietnam's fabric import market, Q1/2019
Figure 46: Production of clothing, 2012 -Q1/2019
Figure 47: Market share of domestic garment market,2016e
Figure 48: Textile exports (including fabrics), 2010 - Q1/2019
Figure 49: Volume of garment products exported from Vietnam to EAEU, 7T/2018
Figure 50: Structure of Vietnam's textile and garment export market, Q1/2019
Figure 51: Export value of textiles and garments to some countries, 2013 - Q1/2019
Figure 52: Export of textiles and garments of FDI enterprises and domestic enterprises, 2010 - Q1/2019
Figure 53: Time (day) of the average order production of Vietnam
Figure 54: Textile inventory index and costume production index, 1/2017 - 3/2019
Figure 55: Rate of competition in Vietnam textile and garment industry
Figure 59: Structure of Viet Tien’s export garment market , 2018
Figure 60: The structure of textile export market of Hoa Tho,2018
Figure 61: Export turnover of Nha Be,2011-2018
Figure 62: The structure of textile and garment export market of Nha Be, 2018
Figure 63: Export structure of Duc Giang by commodity, 2018
Figure 64: Structure of textile and garment export market of TNG,2018
Figure 65: Textile and garment market structure of May Dong Nai, 2014
Figure 66: Net revenue, 2017 - 2018
Figure 67: Gross profit margin, 2017 - 2018
Figure 68: Financial cost and ratio of financial cost/net revenue, 2017 - 2018
Figure 69: Solvency, 2017 - 2018
Figure 70: Index of payment, 2017 - 2018
Figure 71: Profit Ratio, 2017 - 2018
Figure 72: Textile and garment market structure of Phong Phu 2014
Figure 73: Revenue structure by market of Century Synthetic Fiber Corporation, 2017
Figure 74: Revenue structure by product, 2017
Figure 75: Net revenue, 2017 - 2018
Figure 76: Gross profit margin, 2017 - 2018
Figure 77: Financial expenses and financial expenses/net profit, 2017 - 2018
Figure 78: Asset turnover and fixed asset turnover,2018
Figure 79: Date of inventory, 2018
Figure 80: Payment ratio, 2017 - 2018
Figure 81: Profit rate, 2017 - 2018
