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24.10.2003 |
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• Successful
Investment in Vietnam
In the framework of a DEG (German Investment and Development
Society) information seminar about successful Investment in
Vietnam, eco-tex has presented its actual Program on Public
Private Partnership (PPP) conducted in Vietnam. |
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On
October, 1st the DEG, a sub-organisation of Kreditanstalt für
Wiederaufbau (KfW), has conducted a information seminar about
their investment activities in Vietnam. In this framework the
Managing Director of eco-tex, Willie Beuth, has reported about
the current PPP-Project in Vietnam. The aim of eco-tex project
is to strengthen the competitiveness of Vietnamese SME in the
garment and textile sector.
In view of the end of quotas in the textile sector by the end
of 2004, the pressure of competition on small and medium enterprises
enterprises (SME) in Asia will be stronger than ever. Expensive
testing and certification for various individual standards to
meet buyers' demands are not affordable for the SME. This will
be classified as an exclusion criterion. It is therefore important
for the SME to develop and carry out appropriate systems to
improve their competitiveness in the textile industry.
In the framework of the German federal development partnership
with private enterprise, the DEG has launched a project, together
with the eco-tex Institute, for the purpose of providing information,
awareness and know-how to the target groups in Vietnam. Eco-tex
is specialized in the auditing, consulting services and optimization
of quality, ecological and social standards, particular in Asia.
An important aspect of eco-tex's corporate philosophy is the
adaptation of standards and improvements to meet local conditions.
A standards-guarantee system, the CSM 2000, has been developed
to help meet the previously inconsistent requirements of international
buyers in the fields of quality, environmental, and social standards.
Through improved transparency and optimisation of the supply-chain,
the SME in the textile and clothing industry will be given the
chance to improve and stabilise their competitiveness and to
provide improved work-security. This will be achieved through
a standards-guarantee system, which will simultaneously fulfil
the demands of international retailers and national laws and
regulations. The training of local experts in marketing, auditing
and certification within the integrated system will help in
making it an integral part of the local Vietnamese market. This
will help promote economic sustainability in the context of
quality, environment, and social standards in South-East-Asia.
Actually eco-tex has conducted first training campaigns in Vietnam
for consultancies, trainers and auditors in cooperation with
local trade and industry authorities. In December 2003 first
companies will be approached in order to start the implementation
on the CSM 2000 standard in Vietnam.
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