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Vietnam discusses accelerating the post-epidemic recovery of textile and garment enterprises



Vietnam discusses accelerating the recovery and development of textile and garment enterprises after the epidemic Vietnam’s “Vietnam+” reported on August 16 that …

Vietnam discusses accelerating the recovery and development of textile and garment enterprises after the epidemic

Vietnam’s “Vietnam+” reported on August 16 that the Hanoi Investment, Trade and Tourism Promotion Center (HPA) held a “Improving Under the New Situation” event at the InterContinental Hotel in Tay Ho District, Hanoi City on August 16. Textile Enterprise Governance Capacity” symposium aims to support enterprises to strengthen interconnection and improve the efficiency of production and operation activities.

Le Zili, deputy director of the Hanoi Investment, Trade and Tourism Promotion Center, said at the opening ceremony of the symposium that Vietnam’s textile and garment industry has been one of the pillars of Vietnam’s export activities for many years. one.

2022 is the year when textile companies will gradually recover from the serious impact of the new crown epidemic. Textile and apparel exports in the first half of 2022 are expected to be US$22.3 billion, an increase of 17.7% over the same period in 2021. The trade surplus was US$8.86 billion, an increase of 32% over the same period in 2021.

After being affected by the COVID-19 epidemic, textile and clothing companies are focusing on investing in the research, development and production of raw materials to increase their initiative and reduce their dependence on imported raw materials. At the same time, look for measures to quickly adapt to the new business environment.

At the symposium, participants said that the textile and apparel industry can overcome challenges and make full use of “golden” opportunities. Enterprises need to continue to promote the development of brands and new products, diversify the supply of raw materials and export markets, “green” the textile industry, etc., and strive to achieve the export volume target of US$68-70 billion by 2030.

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