Textile & garment enterprises to increase production

Enterprises in Vietnam’s textile and garment industry have gradually restored the pace of production since Covid-19 was largely brought under control, especially those in the country’s south.

The backlog of orders is still quite large, however, and new orders have been coming in, especially as the end of the year approaches.

Many major textile and garment enterprises have large orders to fill and have signed export deals to Europe, the Middle East, the US, and Japan. Some have received orders for next April and are looking to hire more workers, according to a report from the Navigos Group.

Under the most positive scenario, the export value of textiles and garments in 2021 is likely to reach about $37.5-$38 billion, according to the Vietnam Textile and Apparel Association (VITAS). It is forecast that, in 2022, if production and business return to normal, the industry will target export value of $39-$42 billion.

Employees are ready to return to work and some businesses are seeing higher productivity than normal. “Many businesses have considered the option of offering overtime to keep up with orders,” said Mr. Pham Xuan Hong, Chairman of the Ho Chi Minh City Association of Garment Textile Embroidery and Knitting (Agtex). “This is also a good sign for textile enterprises in the south over the closing months of the year.”