According to the Vietnam Textile and Apparel Association, the proportion of textile and garment companies that have closed owing to the COVID-19 epidemic has reached 30-35 percent (Vitas).
“I believe that a lot of these firms, particularly small and medium companies, would have to close for an extended period of time,” Vitas Chairman Vu Duc Giang stated in an online meeting on August 2.
Businesses, he claims, do not have the money to pay for three on-site working arrangements to help people return to work. This is a significant threat to the long-term viability of Vietnamese textile and apparel companies.
Vietnam’s textile and garment industry has been hit hard by the outbreak of a norovirus pandemic. Up to 90 percent of supply chains in the sector are currently broken, says Vitas representative Giang Nguyen. This month would be a particularly difficult period, especially for southern businesses due to social distancing requirements. The vaccination rate was particularly low in key production areas in the southwestern and southeastern provinces.
