An exploratory study of factors towards export and import for march 29 textile garment join stock company

The textile industry is one of the most important industries globally, contributing significantly to economic growth and creating millions of jobs. After being impacted by the COVID19 pandemic, global textile and garment exports predicted to recover and expand in 20222023. China, India and Asian countries (particularly Vietnam) are the leading partners in the world textile industry. The United States, the European Union (EU), and Japan are the three most significant markets for textile and clothing imports and exports.The textile and garment export industrys resilience will be dependent on the speed at which the pandemic recovers and the global development of COVID19 vaccinations. New trends such as sustainability are taking over the textile market, which requires manufacturers to innovate to meet new environmental and social standards.Threats to the textile industry include competition between producing countries, changes in trade policies and market fluctuations.

DUY TAN UNIVERSITY ECONOMICS – FINANCE  BACHELOR THESIS MAJOR: LOGISTICS AND SUPPLY CHAIN MANAGERMENT AN EXPLORATORY STUDY OF FACTORS TOWARDS EXPORT AND IMPORT FOR MARCH 29 TEXTILE GARMENT JOIN STOCK COMPANY Teacher Instructor : Dr Subhankar Das Teacher Assistant : Ms Nguyen Cao Thuc Uyen Student : Huynh Thi Cam Student’s ID : 25204716245 Da Nang, 20th May 2023, ACKNOWLEDGEMENT To complete my graduation thesis, I would like to express my sincere thanks to the Board of Directors, the Training Department of the Faculty of Business Administration, and the lecturers of Duy Tan University for enthusiastically imparting valuable knowledge to the students children during their studies at the school and completing the Graduation Thesis Thank you sincerely Dr Subhankar Das and Ms Nguyen Cao Thuc Uyen – The person who directly instructs and guides me during the research and completion of the graduation thesis I would like to thank the Board of Directors, and all of employee at MarchTextile and Garment Joint Stock Company for their enthusiastic guidance and creating favorable conditions for me to learn about practice during my internship at the company In particular, I would like to thank Mr Vy, who directly guides, helps and provides the necessary data for me to complete this graduation thesis During the internship at the March Textile Garment Joint Stock Company, I have cultivated for myself useful knowledge and skills to make a good experience to help me step forward after graduation This report is a summary of the knowledge I have learned during my research at the company Because of my internship period and limited knowledge and experience, my report is inevitably flawed I look forward to receiving your valuable comments to improve the report Thank you sincerely! Da Nang, May 20,2023 Student Huynh Thi Cam DECLARATION or CERTIFICATE With the topic "An exploratory study of factors towards export and import for March 29 Textile Garment Join Stock Company", I hereby declare that this is my own research and under the guidance of Dr Subhankar Das and Ms Nguyen Cao Thuc Uyen The research content and results in this topic are truthful The data in the tables for analysis, comments and evaluation are clearly stated in the reference section If there is any problem, I will be responsible for the content of my graduation thesis Da Nang, May 20, 2023 Student Huynh Thi Cam LIST OF FIGURES Figure 8.1.1 Model research of Le Ha Phuong (2021) Figure 8.1.2 Model of Tong Thi Anh Ngoc (2019) Figure 8.1.3 Model research of Wijekoon H M S D, Pathirana H V P K G, Fernando H K K, and Chandrasekara, N V (2020) .8 Figure 8.1.4 Model research of Faizal Irvansyah1*, Hermanto Siregar2, Tanti Novianti3 (2017) Figure 8.1.5 Model of Yoganandan.G and Jaganathan AT (2013) .10 Figure 8.1.6: Model of Wondu Adugna (2018) 11 Figuge 2.1.1.1 Logo of March 29 Textile Garment Join Stock Company 16 Figuge 2.4.1 Organization chart of March 29 Textile Garment Join Stock Company 20 Figure 2.12.1.1 Growth rate of net sales and service provision in 2020-2022 38 Figure 2.12.1.2 Growth rate of revenue and profit from 2020-2022 38 Figure 4.7.1 Proposed research model 66 Figure 4.8.3 Structural model .77 LIST OF TABLE Table 2.9.1 Labor Structure of March 29 Textile and Garment joint stock company 2020-2021 30 Table 2.10 Situation of assets and capital sources of March 29 textile and garment joint stock company in the period 2020-2022 33 Table 2.11.1 Table of export turnover of March 29 Textile and Garment joint stock company 2020-2022 .35 Table 2.11.2.1 Table of export turnover of March 29 Textile and Garment joint stock company 2020-2021 .36 Table 2.12.1.1 Business performance report of March 29 Textile Garment Join Stock company from 2020-2022 37 Table 2.13.1.1 Business performance report of March 29 Textile Garment Join Stock company from 2020-2022 39 Table 4.2.1 Matrix of factors affecting import and export of textiles 51 Table 4.8.1.1 Nominal scale table 67 Table 4.8.2.1 Likert Scale table 68 Table 4.7.3.1 Factors affecting Import textiles garment of the sector 68 Table 4.7.3.2 Factors affecting Export textiles garment of the sector 69 Table 4.7.3.3 Export factors affect international trade policy 69 Table 4.7.3.4 Import factors affect international trade policy 70 Table 4.8.1.1 Factor loading for export and import dimensions 71 Table 4.8.1.2 Constructs’ Sources 72 Table 4.8.2.1 Model Fit Table 73 Table 4.8.2.2 Reliability and validity of Dimension items 74 Table 4.8.2.3 Discriminant validity 75 Table 4.8.3.1 Model fit for different constructs 76 TABLE OF CONTENT PROLOGUE A INTRODUCTION 1 Research background Research objectives Research questions New contributions of the thesis Research object and scope of the study .3 a) Research object of the study b) Research object of the survey c) Research cope of the study Data collection methord a) Primary data b) Quantitative method General topic a) The World b) Asia c) Vietnam and Danang city Related studies 8.1 National research has been published .6 a) Analyzing factor affects the export efficiency of Vietnam's textile and garment to EU countries - Author: Le Ha Phuong published in 2021 b) Factors Affecting Textile and Garment Exports from Vietnam - Author: Tong Thi Anh Ngoc published in the Journal of Economics and Business Research in 2019 8.2 Research abroad has been published a) The Study of Factors Affecting Textile and Apparel Exports in Sri Lanka - Author: Wijekoon H M S D, Pathirana H V P K G, Fernando H K K, and Chandrasekara, N V publish in 2020 b) The Determinants of Indonesian Textile and Clothing Export to the Five Countries of Export Destination (Faizal Irvansyah1*, Hermanto Siregar2, Tanti Novianti3) c) Studies factors affecting the export performance of textile industry in Developing Countries – Author: Yoganandan.G and Jaganathan AT (2013) 10 d) Factor affecting the export performance of textile and garment industry in Ethiopia – Author: Wondu Adugna published in 2018 10 Structure of topic 11 CHAPTER THEORETICAL BACKGROUND .12 1.1 Theoretical basis 12 1.1.1 Define of import and export activities .12 1.1.2 The role of import and export activities 13 a) For import: 13 b) For export: 14 1.1.3 Factors affecting import and export activities 14 a) Global factor 14 b) State and international legal regimes 14 c) Transport system, communication 15 d) Banking and financial system 15 e) Enterprise and competition in the market 15 CHAPTER OVERVIEW OF MARCH 29 TEXTILE GARMENT AND THE FACTOR TOWARD EXPORT AND IMPORT TEXTILE GARMENT CARGO .16 2.1 The 3C analysis 16 2.1.1 Company 16 2.1.1.1 Company detail .16 2.1.1.2 History begins of March 29 Textile Garment Join Stock Company 17 2.1.2 Customer 17 2.1.3 Competitor 17 2.2 Vision, mission, value 18 2.2.1 Vision 18 2.2.2 Mission 18 2.2.3 Main business sectors of the company 19 2.4 Organizational Structure 20 2.4.1 Organizational Structure Overview 20 2.4.2 Function & Duty of the specific department .21 2.5 Internal environment of the company 23 2.5.1 Goals of the company 23 2.5.2 Medium and long term development strategy 23 2.5.3 Human Resources of the company 24 2.5.4 Production capacity 24 2.5.5 The reputation of the business is the slogan of the company's activities 25 2.6 External environment of the company 25 2.6.1 Political environment 25 2.6.2 Monetary policy 26 2.6.3 Engineering - Science and Technology .26 2.6.4 Factors of society and culture 26 2.7 GAP 27 2.8 SWOT analysis 28 2.8.1 Strenght 28 2.8.2 Weakness 28 2.8.3 Oppoturnity 28 2.8.4 Challenge 29 2.9 Human resources situation of March 29 Textile and Garment Joint Stock Company 29 2.9.1 Structure of human resources 29 2.9.2 Policies for employees 31 2.10 Status of assets and capital of the company 33 2.11 Actual situation of the company's export business .35 2.11.1 Export turnover .35 2.11.2 Export Market 36 2.12 Analysis the business performance .37 2.12.1 Revenue and market share of each group of products and services 37 2.13 Analysis of the company's financial position in the last years 39 CHAPTER 3: Some solutions to improve garment import and export business at march 29 textile and garment joint stock company 40 3.1 Orientation for import-export activities of textile and garment joint stock company 29/2 in the future 40 3.1.1 About product quality 40 3.1.2 Diversify and improve models 41 3.1.3 Organizational Structure and Management .41 3.1.4 About labor .41 3.1.5 About machinery and equipment .42 3.2 Some Solutions to improve garment export business at Textile and garment joint stock company March 29 42 3.2.1 Well-organized research and market access 42 3.2.2 Expanding Relations with foreign partners .43 3.2.3 Improving the Quality of business logistics activities .44 3.3 Conclusions and Recommendations .45 3.3.1 Conclusion 45 3.3.2 Recommendations to the Government .46 3.3.2.1 Investment in infrastructure construction 46 3.3.2.2 Capital support for Enterprises 46 3.3.2.3 Information support 47 CHAPTER 4: RESEARCH METHODS RESEARCH RESULTS 48 4.1 Research design and methodology .48 4.1.1 Introduction 48 4.1.2 Research approach 48 4.1.3 Research design 49 4.1.5 Sampling design 49 4.1.5.1 Target Population 49 a) Sampling Frame 49 b) Sample size 49 4.1.6 Sampling design 50 4.1.6.1 Primary source 50 4.1.6.2 Secondary source 50 4.2 Synthesis of studies of related research models .51 4.3 Factors affecting textile and garment export and import .52 4.3.1 Workforce 52 4.3.2 Technology 54