During the difficult Covid-19 scenario in August, Vietnam, the world’s second largest textile exporter, faced the danger of losing contracts to competitors.
Gia Dinh Group JSC in Binh Duong’s southern province has secured orders through the end of December, but is facing rising material prices, late delivery, and higher transportation expenses. The company’s executive board stated that if the epidemic continues, it would be unable to fulfil its orders.
To battle the illness, more than 80% of garment and textile businesses in the southern area have had to reduce employee productivity or halt operations.
Up to 90 percent of production chains in the south have been broken. Only 70-80 percent of garment and textile companies in the northern region are still operating. Many workers have left Ho Chi Mih City for their hometowns to avoid being infected with the coronavirus. Vietnam exported $18.6 billion worth of textitle and garment products in the first seven months of this year.
