Vietnam’s underdeveloped fabric production is making it difficult for textile and garment businesses to take advantage of free trade agreements, including the Europe – Vietnam FTA (EVFTA).

Fabric production is a challenge for Vietnam's textile and garment industry when it comes to free trade agreements (FTAs) requirements on product origin.

With demand decreasing sharply, the textile and garment industry is expected to continue facing difficulties in Q2.

Garment companies have been told to find new alternative markets as the US and EU are busy fighting against Covid-19.

Businesspeople say the impact of the COVID-19 epidemic on enterprises has been ‘beyond imagination’.

The domestic textile and garment industry was still striving to reach its export revenue target of US$40 billion this year despite facing many difficulties, said Vu Duc Giang, chairman of the Vietnam Textile and Apparel Association (VITAS).

Vietnam’s textile and garment industry was likely to reach its target of US$40 billion in export turnover this year despite facing difficulties in some markets.

The business community has protested the Ministry of Labor, War Invalids and Social Affairs’ (MOLISA) intention to cut the weekly maximum working hours from 48 to 44 hours.