Vietnam is expected to have it's first and biggest center for supplying raw materials and accessories to the garment and footwear sectors next year, Vietnam News newspaper reported Tuesday.
The center, which has already been constructed in Di An district of southern Binh Duong province occupying 16 hectares with investment of 12 million U.S. dollars in the first stage, is targeted to ease the overwhelming dependence on imported materials for garment industry.
The center will include a wholesale market, likely accommodating 1,250 stalls; office and showroom area; and a bonded warehouse which may store up to 20,000 tons of goods, the paper said.
Textiles and garments are among Vietnam's main export items, but the industry is severely dependent on import of raw materials.
According to the Vietnam Textile and Apparel Association, garment makers import up to 95 percent of cotton, 70 percent of synthetic fibres and 40 percent of yarns used in production. China 's mainland and Taiwan are the leading sources of imported materials, said the paper.
Source: Xinhua
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