Vietnam prepares for EU’s sustainable textiles overhaul

Vietnam prepares for EU’s sustainable textiles overhaul

As the European Union attempts to transition to a more sustainable and circular economy, exporting nations will confront new laws and criteria to access the EU market, notably when it comes to garments and textiles.
Lay-offs and exports dip haunt vital manufacturing

Lay-offs and exports dip haunt vital manufacturing

Foreign-invested enterprises look set to struggle this year, particularly in garments, textiles, and footwear, as exports continue to fall and more workers are laid off.
Local groups stuttering amid drop in new orders

Local groups stuttering amid drop in new orders

The sharp drop in the number of orders has pushed Vietnamese exporters in textiles, garments, leather, footwear, wood furniture, and even food to close production lines and narrow their scale.
Textile producers prepared for barrage of disruption

Textile producers prepared for barrage of disruption

Vietnamese enterprises are trading well so far this year, but key exporters in textiles, garments, leather, and footwear are still suffering from increasing raw material costs.
Global prospects abound for textiles

Global prospects abound for textiles

Vietnam’s textile and garment industry is being transformed to adapt to new challenges by diversifying its export and input markets, thereby lessening the dependence on certain countries.
Local groups impelled to adapt to trade deals

Local groups impelled to adapt to trade deals

Vietnam remains one of the top 10 exporters of textiles and apparel. However, with the harsh impact of the pandemic on the industry and strict rules of origins following transnational trade agreements, the sector’s supply of raw materials faces a difficult start into the new year.