Vietnam’s Massive Textile Industry Hears How to Lower Costs Through Energy Efficiency

Thursday, August 31, 2017

Vietnam earns nearly $30 billion a year from textile and garment exports, accounting for more than 15% of the country’s  GDP. This robust industry accounts for more than 4.5 million tons of CO2 emissions annually. Vietnam’s Ministry of Industry and Trade reports that energy costs in the sector account for more than 12% of the total production cost. On August 23, USAID’s Vietnam Low Emission Energy Program (V-LEEP) and the Vietnam Textile and Apparel Association  organized a workshop with leading textile manufacturers and sustainable industry experts to promote energy efficient technologies and practices that have the potential to reduce manufacturing energy consumption by 30%.  So What?  If Vietnam’s textile and garment industry adopts the cost effective and readily available technologies discussed at the workshop, they will benefit from reduced production costs, while at the same time minimizing air pollution and strengthening Vietnam’s energy security