VOV.VN - Vietnam has surpassed Bangladesh to become the world’s second largest apparel and textile exporter, ranking only behind China, said Hoang Manh Cam, spokesperson for the Vietnam National Textile and Garment Group (Vinatex) at a press briefing on December 25.
VOV.VN - Vietnamese textile and garment firms are required to exert greater efforts in transforming into a green production model in a bid to maintain their export markets and join the global supply chain, heard a seminar in Ho Chi Minh City on July 27.
Given an unstable global economy with strong consumer demand for transparency and sustainability, Vietnam's textile-garment industry is facing mounting difficulties, prompting a need to transform for growth.
Although textile export was riding high in the first half of the year with a growth of 23%, insiders are pessimistic that the rest of 2022 will not match up.
Although the demand for Vietnamese textiles is forecast to rise steadily in the short term, firms are concerned that tight material supply will impede their export plans.