Firms benefit from programme on efficient use of resources
The Vietnam Improvement Program has helped 82 garment-textile and footwear factories in Vietnam invest 37 million USD in efficient use of resources, thus saving 30 million USD per year, according to the International Finance Corporation (IFC).
Hanoi (VNA) – The VietnamImprovement Programme has helped 82 garment-textile and footwear factories inVietnam invest 37 million USD in efficient use of resources, thus saving 30million USD per year, according to the International Finance Corporation (IFC).
Over the last three years, the programme, initiatedby the IFC – a member of the World Bank Group, has also helped those factoriessave a total of 4 million cu.m. of water and reduce 303,000 tonnes of greenhouse gas emission a year.
Effective use of resources and performanceimprovement have enabled Vietnamese businesses to attract new customers who seek suppliersmeeting global sustainable standards.
Country manager for Vietnam, Laos andCambodia of the IFC Kyle Kelhofer said the measures not only save productioncosts but also raise competitiveness of domestic firms in the global supplychain.
Vietnam is currently among the 10 largestgarment-textile exporters of the world, with export turnover hitting more than30 billion USD annually, greatly contributing to the country’s economic growth.However, chemical waste of the sector is also a major cause of environmentalpollution./.
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A garment-textile factory in Vietnam (Photo: VNA) 
