Eighty-four outstanding enterprises in the textile and garment, and leather and footwear sectors will receive awards in Hanoi on Nov.18 at a ceremony to be attended by Deputy Prime Minister Truong Vinh Trong.
The awards ceremony will be jointly held by the Sai Gon Times, the Vietnam Textile and Garment Association (VITAS) and the Vietnam Leather and Footwear Association (LEFASO).
Recipient organisations include 64 textile and garment businesses, and 20 from the leather and footwear sector. The event represents the 7th awards ceremony for textile and garment sector and the second for the leather and footwear industry.
Top prizes for comprehensively outstanding enterprises will be given to 15 garment and textile, and five leather and footwear companies.
Leading the pack in the garment industry is Viet Tien Garment Joint Stock Co, while the top position among textile companies is Viet Thang Textile Corporation. Thai Binh Investment and Footwear Production Corporation leads the leather and footwear sector.
Viet Tien Co has held on to the top position for the past seven years. It is expected to reach 120 billion VND (6 million USD) in revenues this year with profit set to account for 44 percent.
"To gain the leading position, Viet Tien has made bold investment in equipment, technology and human resources to raise product quality as well as develop our trademark, boost advertising and remodel after-sales services to customers," said Phan Van Kiet, the company's deputy director general.
His firm started exporting its products with the Viet Tien trademark to Cambodia last year. This year it has brought its brand name to Laos and will enter the Myanmar market in December. Singapore , Malaysia and China would follow next year, he said.
Viet Tien has exported products (with trademarks of other well-known global companies) to more than 100 customers in over 50 countries.
New in the event this year is the organisers' decision to award eight workshops and four vocational schools in the garment and textile sector, rather than limiting the prize to companies only, said Le Quoc An, chairman of VITAS, at a press conference in Hanoi on Nov. 17.
"Organisers want to emphasise the significant role of three factors in each firm: good product quality, productivity and good relations between employees and employers," said An.
The award has been organised annually but a recent decision by the Prime Minister indicates that future awards will be held every 3 – 5 years. The 8th instalment is scheduled to take place in 2013.
In the first 10 months of this year, the textile and garment sector – the country's largest foreign currency earner – notched up a 9.2 billion USD export turnover.
"It is completely possible for the industry to hit over 11 billion USD export value by the end of the year," said An.
Vo Thi Tong, deputy chair-woman of LEFASO, said the leather and footwear industry earned 4.06 billion USD in the first 10 months and could reach more than 5 billion USD for the whole year. For the first time, it has surpassed the oil and gas industry to become the country's second foreign currency earner.
"Combining the export revenue of the two sectors, the figure could reach 16 billion USD by the end of this year, accounting for one-fourth of the nation's total export value and generating more than three million jobs," An said.
The Government has set an export turnover for textile and garments of 18 billion USD by 2015, but VITAS plans to raise the target to 20 billion USD./.
The awards ceremony will be jointly held by the Sai Gon Times, the Vietnam Textile and Garment Association (VITAS) and the Vietnam Leather and Footwear Association (LEFASO).
Recipient organisations include 64 textile and garment businesses, and 20 from the leather and footwear sector. The event represents the 7th awards ceremony for textile and garment sector and the second for the leather and footwear industry.
Top prizes for comprehensively outstanding enterprises will be given to 15 garment and textile, and five leather and footwear companies.
Leading the pack in the garment industry is Viet Tien Garment Joint Stock Co, while the top position among textile companies is Viet Thang Textile Corporation. Thai Binh Investment and Footwear Production Corporation leads the leather and footwear sector.
Viet Tien Co has held on to the top position for the past seven years. It is expected to reach 120 billion VND (6 million USD) in revenues this year with profit set to account for 44 percent.
"To gain the leading position, Viet Tien has made bold investment in equipment, technology and human resources to raise product quality as well as develop our trademark, boost advertising and remodel after-sales services to customers," said Phan Van Kiet, the company's deputy director general.
His firm started exporting its products with the Viet Tien trademark to Cambodia last year. This year it has brought its brand name to Laos and will enter the Myanmar market in December. Singapore , Malaysia and China would follow next year, he said.
Viet Tien has exported products (with trademarks of other well-known global companies) to more than 100 customers in over 50 countries.
New in the event this year is the organisers' decision to award eight workshops and four vocational schools in the garment and textile sector, rather than limiting the prize to companies only, said Le Quoc An, chairman of VITAS, at a press conference in Hanoi on Nov. 17.
"Organisers want to emphasise the significant role of three factors in each firm: good product quality, productivity and good relations between employees and employers," said An.
The award has been organised annually but a recent decision by the Prime Minister indicates that future awards will be held every 3 – 5 years. The 8th instalment is scheduled to take place in 2013.
In the first 10 months of this year, the textile and garment sector – the country's largest foreign currency earner – notched up a 9.2 billion USD export turnover.
"It is completely possible for the industry to hit over 11 billion USD export value by the end of the year," said An.
Vo Thi Tong, deputy chair-woman of LEFASO, said the leather and footwear industry earned 4.06 billion USD in the first 10 months and could reach more than 5 billion USD for the whole year. For the first time, it has surpassed the oil and gas industry to become the country's second foreign currency earner.
"Combining the export revenue of the two sectors, the figure could reach 16 billion USD by the end of this year, accounting for one-fourth of the nation's total export value and generating more than three million jobs," An said.
The Government has set an export turnover for textile and garments of 18 billion USD by 2015, but VITAS plans to raise the target to 20 billion USD./.
