Face masks produced at a member company of Vinatex.
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Those include products like antiviral face masks, antibacterial medical clothing and non-woven disposable clothes.
Vinatex would enhance its search for export orders of anti-virus products.
Le Tien Truong, Vinatex’s director said at the group’s online conference with 22 of its member companies on Wednesday that the COVID-19 pandemic is weighing heavily on the garment and textile industry.
From the beginning of March, a number of orders were cancelled, Truong said, anticipating that April and May would be a difficult time for many companies, including losing financial liquidity due to high stockpiles or shortages of jobs for workers.
Vinatex said that although many factories in China resumed operation but due to dimmed global consumption demand, the industry would see significant decreases in prices, estimated at more than 20 per cent.
This was creating considerable pressure on local garment and textile producers, Truong said.
Vinatex estimated that if the COVID-19 pandemic was over in May and the economy started to recover from June, the industry would suffer a loss of VND11 trillion (US$474 million). — VNS
Vinatex to provide 6 million face masks in February amid COVID-19
The Vietnam National Textile and Garment Group (Vinatex) is exerting efforts to produce around 6 million antibacterial face masks in February to meet increasing demand amid the novel coronavirus disease (COVID-19) outbreak.