Due to the exceptional severity of the COVID-19 epidemic, the textile and apparel sector is expected to struggle to meet its export turnover target of 39 billion USD this year.
According to Hong Sheng Wen, Deputy General Director of Kwang Viet Garment Co., Ltd in the Mekong Delta province of Tien Giang, the enterprise’s manufacturing operations would be halted beginning July 15, 2021, owing to the consequences of the health crisis.
According to a report from the Vietnam National Textile and Garment Group (Vinatex), since June 2021, when the pandemic broke out in southern areas, manufacturing and commercial operations of garments have been disrupted.
Textile and garment export value hit 15.2 billion USD in the first 6 months of 2021, up 15 percent year-on-year. In just one month, over 40,000 workers, mainly in the southern region, were laid off. Textile enterprises have also faced risks related to economic contracts with their customers. VITAS said the export turnover of the sector is predicted to reach 32-33 billion USD this year, if the pandemic is under control in late August.
