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.

莱州市| 侯马市| 丘北县| 临邑县| 贡嘎县| 罗田县| 临桂县| 太仆寺旗| 瓦房店市| 嵊泗县| 涞水县| 安西县| 黔江区| 绥棱县| 沾益县| 肃宁县| 珠海市| 布尔津县| 雷山县| 松阳县| 阿合奇县| 电白县| 息烽县| 武陟县| 大理市| 秦皇岛市| 南平市| 婺源县| 东山县| 青阳县| 商洛市| 大宁县| 大洼县| 枣阳市| 黔江区| 晴隆县| 兰州市| 赤城县| 南城县| 开封县| 龙南县|