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The textile and clothing sector is recovering in Vietnam

Fashion United, Vietnam, 3 January 2022 - After an unprecedented wave of layoffs, the sector recovered rapidly in the last quarter by abandoning its "zero-covid" policy.

Vietnam, along with Cambodia, Bangladesh and more recently Burma, is a major supplier of clothing and textiles to the European Union (and the Western world in general). Its economy has been one of the best performing in 2020 (2.9 percent growth). Production has been on the rise since China, for the past decade, has wanted to move upmarket in its production. Nike, New Balance, Puma and Adidas, to name but a few, depend on this Southeast Asian country for much of their production. However, the pandemic - starting with the strict confinement of the Ho Chi Min region, with the army delivering the meals - did not spare this new workshop of the world.

A trauma for the 1.3 million migrant workers who came from the countryside and returned to their native region from July to September. The country has indeed experienced the pandemic with the Delta variant, which caused a surge in infections from last summer. The epidemic bounced back in early November. On November 29, VnExpress International, the English version of Vietnam's leading news website, sounded the alarm: "Factories may be offering higher wages and better benefits to attract workers as their end-of-year order books fill up, but they are receiving few applications amid lingering fears of Covid-19.

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Source: https://fashionunited.uk/news/business/the-textile-and-clothing-sector-is-recovering-in-vietnam/2022010360378

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