Export target of US$40 billion of garment and textile industry this year is on the verge of failing to achieve due to several difficulties, such as a shortage of orders and high dependence on imported materials. 

Many cities/provinces reject textile and garment projects because of fear of the negative impact on the environment.

Lopsided development of its various segments and dependence on imports have weakened the textile industry’s competitiveness and creativeness, experts said.

According to economic experts, the garment and textile industry of Vietnam will advance further in global market thanks to several existing advantages such as skilled laborers with sophisticated technique.

VietNamNet Bridge - Many merger and acquisition (M&A) deals have concluded recently, after which Vietnamese companies joined Chinese textile & garment production chains.

 VietNamNet Bridge – The domestic garment and textile sector has to import a large quantity of cotton as the country's cotton output met only 1 per cent of local producers' demand.

Vietnam lashes economic growth forecast; Mekong Delta attracts foreign investors; Manufacturing industry attracts huge FDI; Production jumps 5.4% this year; Agricultural manufacturers offered preferential loans

VietNamNet Bridge – The urban poor in Viet Nam face barriers in accessing preferential policies on housing, vocational training, job creation and technical transfer, Ngo Truong Thi,