Location: Home > News

Vietnam's textile-apparel sector witnesses stable growth amid pandemic

font size: 【S】 【M】 【L】

Vietnam’s textile and garment industry has witnessed stable growth despite the pandemic, recording an export turnover of $8.84 billion in the first quarter of 2022 with an increase of 22.5 per cent over the same period last year. Labour shortage in the sector during the pandemic has directly affected apparel manufacturers' production and business.

 

Over the past two years, particularly in the fourth wave of the pandemic, Vietnamese apparel firms have been facing difficulties due to disruption of the global supply chain, leading to a temporary closure of many companies.

 

For example, 8-3 Textile Co. Ltd. struggled with labour shortages worsened by the crush of new COVID cases forcing many into isolation. However, the company was flexible in changing shifts and rotating workers to ensure production and business activities.

 

The country has changed its strategy from a zero COVID policy to safe and flexible adaptation and effective control of the pandemic while recovering and developing the economy.

 

Textile and garment manufacturers under the Vietnam National Textile and Garment Group have received orders until the end of the third quarter and the whole year due to their flexibility. The industry is expected to thrive and earn $43 billion in exports this year, according to a Vietnamese media report.

惠来县| 阿鲁科尔沁旗| 郧西县| 西吉县| 内江市| 五大连池市| 盐亭县| 龙游县| 湛江市| 禄丰县| 顺义区| 北京市| 寿阳县| 偏关县| 固安县| 阳新县| 上高县| 和硕县| 城固县| 新沂市| 普兰店市| 康乐县| 东兴市| 东安县| 陕西省| 会同县| 同江市| 布尔津县| 贡嘎县| 泗水县| 宝坻区| 宜昌市| 拉孜县| 库伦旗| 武川县| 高尔夫| 丹东市| 天峻县| 宁南县| 石楼县| 米易县|