Composite Fabric,bonded fabric,Lamination Fabric Lamination Fabric News Vietnamese textile and apparel companies actively mobilize resources to achieve industry recovery

Vietnamese textile and apparel companies actively mobilize resources to achieve industry recovery



Vietnam News Agency reported in Hanoi on February 10 that the Vietnam Textile and Apparel Association (Vitas) stated that textile and apparel companies are entering the “race track” for recruiting e…

Vietnam News Agency reported in Hanoi on February 10 that the Vietnam Textile and Apparel Association (Vitas) stated that textile and apparel companies are entering the “race track” for recruiting employees, especially those with skilled and sophisticated skills. employees. Because at present, due to good production and management capabilities, not only ordinary and low-price orders flow to Vietnamese companies, but also high-end and exquisite clothing orders are favored by Vietnam. Partners also trust the production capabilities of Vietnamese companies.

Vitas Chairman Vu Duc Giang said that the driving force for world brands to enter the Vietnamese market is Vietnam’s sustainable development, green, digital governance and circular economy plans. This is a solution for promotion, stability and development in Vietnam. Textile and garment enterprises are particularly encouraged to focus on creative design and reduce the proportion of OEM.

Under the current background, many textile and apparel companies expect to achieve recovery in the second and third quarters of this year, and the number of orders will rebound. Therefore, companies need a stable and highly skilled workforce.

Vietnam’s textile and apparel industry strives to achieve an export target of approximately US$45-47 billion in 2023. With the market releasing many positive signals, many companies have been operating at full capacity since the beginning of the year, while recruiting more high-quality human resources to meet high-end orders from partners.

According to Vitas, the trade agreement is the driving force to promote the transfer of foreign investment to Vietnam and help companies diversify their markets and products. In addition, Vietnam’s textile and apparel industry has been promoting the reduction of imports and increasing the localization of domestic raw materials. This is the solution for companies to take the initiative in raw materials.

According to Vitas statistics, the current textile and apparel industry has been localized about 49%, and it is expected that this number is expected to increase to 51-55% from 2023 to 2025. Although major markets still face many difficulties, Vitas predicts that Vietnam’s textile and apparel industry exports will still reach the target of US$45-47 billion in 2023.

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Author: clsrich

 
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