November 03, 2021 | 13:13

Textile & garment enterprises to increase production

Phuong Hoa

Efforts underway to boost production after difficulties from pandemic ease.

Textile & garment enterprises to increase production
Photo: Illustration

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.”

Attention
The original article is written and published on VnEconomy in Vietnamese, then translated into English by Askonomy – an AI platform developed by Vietnam Economic Times/VnEconomy – and published on En-VnEconomy. To read the full article, please use the Google Translate tool below to translate the content into your preferred language.
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