The Green Tech Landing Pad identifies, connects, and facilitates the adoption of green technologies among Vietnamese textile and garment enterprises to ensure compliance with European sustainability standards.
While Việt Nam’s textile and garment industry is recovering, it is facing new challenges such as customers preferring small, rapid orders and labour shortages, experts have said.
As Việt Nam is no longer an attractive destination for labour-intensive, land-intensive or low-productivity industries, the shift in investment is seen as a natural and expected development.
The textile and garment industry in Việt Nam wants a bilateral agreement or a free trade agreement to reduce export taxes upon entering the Canadian market.
Vietnamese textile firms showcase their competitive products at a Canadian trade fair, despite not fully leveraging the benefits of the CPTPP free trade agreement. As the $10 billion Canadian market seeks reliable Vietnamese suppliers, there is a need for more...
Under the development strategy approved by the Government, for the long term, the garment, textile, leather and footwear sectors are still key export industries of the economy.
Viet Nam''s textile and garment industry is still on target to achieve its export target of US$42-43 billion this year, despite the industry facing many difficulties in the second half of this year.
Several of Việt Nam’s key export sectors, such as textile-garment, leather-footwear, and electronics have become magnets for merger and acquisition (M&As) activities, posing a risk of leading enterprises in those sectors being purchased by foreign investors.
A diversified supply chain and numerous free trade agreements (FTAs) have set up the stage for a strong come back for Viet Nam''s textile sector, said experts and industry leaders.