Fueled by a rebound in global demand and a surge of interest from new international players, Vietnam's textile industry is emerging as a reliable and competitive source for apparel brands worldwide.
On August 11, at a national conference between the Prime Minister and businesses, the Vietnam Textile and Apparel Association (VITAS) proposed that the government remove difficulties facing textile and garment enterprises by reducing or exempting certain taxes and fees, implementing the business recovery support package, and quickly approving the “Strategy to develop the textile and footwear industry to 2030 and vision to 2035”.
According to the General Statistics Office, in the first half of this year, about 1.2 million people were unemployed, or 2.4 per cent of the workforce. Meanwhile, textiles and footwear - two of the most labor-intensive industries in Vietnam - have been short of workers in recent years.
