Related Keywords: BIDV, challenges from large rivals, conference entitled Garment and Textile, focusing on integration, FTA, Opportunities and Challenges, PPP, restructure to improve competitiveness, shortage of capital and backwards technology
A conference entitled Garment and Textile – Opportunities and Challenges, focusing on integration was held in Ha Noi yesterday as the development of Vietnam's garment and textile industry was behind other countries. Moreover, many domestic garment and textile companies would face more challenges from large rivals following integration.
Tran Quang Nghi, chairman of the National Garment and Textile Group (Vinatex), speaking at the conference said that a shortage of capital and backwards technology, along with weak management capacities, had created difficulties for the businesses.
