Explaining the increase in orders, Trương Văn Cẩm, deputy chairman of the Vietnam Textile and Apparel Association, said the increase in orders was mainly due to a shift from other countries to Việt Nam, not due to increasing market demand.
The Energy Efficiency and Sustainable Development Department and the Dutch Sustainable Trade Initiative (IDH) signed a MOU to support the sustainable development of the textile and footwear industry in Việt Nam.
Armed with experience from coping with the first wave of the Covid-19 outbreak, textile and footwear enterprises are quietly confident they can find new markets to cope with the second.
While most textile and footwear enterprises in Việt Nam struggled to find alternative sources of raw materials to maintain production, some with local sources have survived during the Covid-19 pandemic.
Viet Nam''s textile, garment and footwear exports will not enjoy immediate tariff cuts after the EU-Viet Nam Free Trade Agreement (EVFTA) comes into effect.
Vietnamese major exports will soon see strong growth in South Korea
after the approval of the Vietnam-Korea Free Trade Agreement (FTA),
reported Dau Tu (Investment) newspaper.