Nghe An province has set a target to export textile and footwear products worth $755 million by 2025. This goal is part of the development strategy for the textile and footwear industries.
On March 10th, according to the Office of the Nghe An Provincial People’s Committee, the province has just issued Plan No. 163/KH-UBND on implementing the “Strategy for Development of Vietnam’s Textile and Footwear Industries until 2030, with a Vision to 2035” in the locality, with the goal of achieving textile and footwear exports of $755 million by 2025.
Accordingly, the Nghe An Provincial People’s Committee has set specific targets to focus on attracting investment in value-added stages based on smart, automated production processes, with key product groups including export yarns, apparel, leather footwear, and auxiliary materials supporting the textile and footwear industries.
Specifically, from 2024 to 2025, the average annual growth rate of industrial production value in the textile and footwear sectors is expected to reach 18-19%. In the 2026-2030 period with a vision to 2035, it is targeted to reach 17-18%. Regarding the average annual growth rate of textile and footwear export turnover from now until 2025, it aims for 17-18% per year, and in the 2026-2030 period, 16-17% per year. The province strives for textile and footwear export turnover to reach around $755 million by 2025; $1.6 billion by 2030; and gradually increase the localization rate, aiming for the localization rate of the textile and footwear industries to exceed 45% by 2030.
To achieve these goals, the Nghe An Provincial People’s Committee prioritizes the development of large-scale garment projects, focusing on high value-added stages to become key export products and participate in the global supply chain. It requires enterprises to concentrate resources to ensure timely project implementation and enhance technological innovation in production and business activities.
The province aims to develop apparel products suitable for domestic consumption needs, capable of competing with imported brands to effectively implement the “Vietnamese people prioritize using Vietnamese goods” campaign.
It plans to build and develop product brands, create fashion trends for the domestic market, and gradually influence international markets. Efforts will be made to innovate technologies, equipment, rationalize production, improve productivity and product quality, develop design and automated cutting stages, diversify products, and reduce outsourcing rates across the industries.
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