Related Keywords: assist coordination and connection, costs of logistics account, domestic textile enterprises, ministry of industry and trade, Ministry of Transport, nearly one-third of the costs of each textile product exported, reduce costs and improve competitiveness, Vietnamese textile industry, work together with logistics service providers
The Vietnamese textile industry to reduce costs and improve competitiveness, the domestic textile enterprises should work together with logistics service providers. The costs of logistics currently account for nearly one-third of the costs of each textile product exported, so the Vietnamese garment sector could save more than US$1 billion per year by reducing this cost, according to experts.
Nguyen Tuong, Vice Chairman of the Vietnam Logistics Association, said that the textile industry needs to import raw materials from abroad and export products to foreign markets.
