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Update news vietnam's garments-textile industry
Twenty-five Vietnamese garment makers have showcased their products at the recent Sourcing at Magic Fashion Trade Show in Las Vegas, USA, to sound out market opportunities, according to the Vietnam Textile and Apparel Association (VITAS).
Vietnamese producers now feel more pressure as more developing countries have joined the contingent of exporters, especially in labor-intensive industries.
Given an unstable global economy with strong consumer demand for transparency and sustainability, Vietnam's textile-garment industry is facing mounting difficulties, prompting a need to transform for growth.
The Vietnam Textile and Apparel Association (VITAS) has proposed a sustainable development program for the textile and garment industry with a proposed budget of VND435.6 billion.