Optimistic signals for garment, textile industry

Optimistic signals for garment, textile industry

Although the developments of the Covid-19 pandemic remain complicated and unpredictable all over the world, the garment and textile industry still receives good news when orders have become plentiful again, enough for domestic enterprises to produce from now until the end of the year.
Customers go shopping at Aeon Mall Binh Tan. (Photo: SGGP)

FDI capital heavily shifts to Vietnam

37 Japanese enterprises had decided to invest in Vietnam. This is the latest information that the Japan External Trade Organization (JETRO) released at the end of December this year. According to analysts, not only Japanese enterprises but many foreign enterprises from Europe, the US, Singapore, and South Korea also choose Vietnam as their investment destination. It has made Vietnam become the safest and most attractive destination for foreign investors in 2021.
Preliminary processing of yarn at Phong Phu Corporation. (Photo SGGP)

Garment, textile industry starts to warm up

Many garment processing enterprises for export in Ho Chi Minh City said that in the fourth quarter of this year, some orders, especially from the US market, have started to increase again. This is good news for the industry in the context that the Covid-19 pandemic still develops complicatedly in many traditional markets of Vietnam.
Garment and textile enterprises apply modern technology in production. (Photo: SGGP)

Garment, textile industry keeps pace with Industry 4.0

A recent survey by the research group of the Vietnam National Textile and Garment Group and institutes at more than 300 garment enterprises across the country showed that most of them have been keeping up fairly well with the 4th industrial revolution in stages, including reducing labor, supporting in executive decision making, increasing productivity and quality and cutting time and production costs.