Want to be in the loop?
subscribe to
our notification
Business News
APPAREL INDUSTRY SEES STABLE GROWTH AMID PANDEMIC
Despite the devastating impact of the COVID-19 pandemic, Việt Nam’s textile and garment industry has seen stable growth, recording an export turnover of US$8.84 billion in the first quarter of 2022 with an increase of 22.5 per cent against the same period last year.
In many industries, especially labour-intensive ones like the textile and garment industry, labour shortages during the COVID-19 pandemic have directly impacted apparel manufacturers' production and business activities.
Trần Tường Anh, deputy general director of Hòa Thọ Textile and Garment JSC, said early March this year, 1,719 employees in her company were tested positive for COVID-19, accounting for 15 per cent of the company’s total number of employees.
Having a large number of employees to take off from work, the company encountered many difficulties in arranging its production plans. In addition, after returning to work, their health remained poor, and they could not keep up with daily work, leading to low labour productivity. Therefore, the company must negotiate with customers to reschedule delivery times, rearrange production plans, and prioritise urgent orders first.
Employees who previously worked indirectly now have been directly involved in production. The company has also arranged different workplaces and canteen for those who tested positive for COVID-19 to work once health authorities approved it, said Tường Anh.
The Garment 10 Corporation has affiliates in many provinces and cities. During the pandemic, the company still maintained its production as many workers tested positive for COVID-19, said Bạch Thăng Long, the corporation's deputy director.
Meanwhile, 8-3 Textile Co. Ltd. struggled with labour shortages worsened by the crush of new COVID cases forcing many into isolation. However, the company’s board of directors were flexible in changing shifts and rotating workers to ensure production and business activities.
Over the past two years, particularly in the fourth wave of the pandemic, apparel companies have always faced difficulties due to disruption of the global supply chain, leading to a temporary closure of many companies.
Hoàng Văn Linh, chairman of Aligro JSC, said fabrics were based on the seasons. Therefore, his company prioritised garment orders and had enough raw materials.
To cope with uncertainty during the pandemic, the company determined to ensure social and welfare interests for employees to make them feel secure at work, said Linh.
A representative of Hòa Thọ Textile and Garment JSC said workers were required immediately to leave work for treatment if they were infected with COVID-19.
After recovering from illness and returning to work, employees were supported with finance and meals for two weeks.
To deal with labour shortages due to isolation, the company has also been flexible in changing shifts and rotating work to ensure stable production.
Việt Nam has changed its strategy from a Zero COVID policy to safe and flexible adaption and effective control of the COVID-19 pandemic while recovering and developing the economy.
Textile and garment manufacturers under the Vietnam National Textile and Garment Group have received orders until the end of the third quarter and the whole year, thanks to their flexible responses during a pandemic and the robust responses of relevant bodies.
The industry is expected to thrive and earn $43 billion in exports this year.
Manufacturers should seize opportunities and work with partners to tap into the growth potential of the world’s textile and garment market.
Source: VNS
Related News
FOREIGN INVESTORS SEEKING A SYNCHRONISED MANUFACTURING ECOSYSTEM
Instead of focusing only on land costs and incentives as usual, foreign investors are seeking a synchronised manufacturing ecosystem, from stable power supply and logistics to shared infrastructure and the convenience of completing residence procedures for experts to serve their long-term investment in the country.
DONG THAP PROVINCE STEPS UP INDUSTRIAL EXPANSION AND INFRASTRUCTURE CONNECTIVITY
Accelerating public investment, strengthening inter-regional connectivity, and expanding industrial land are helping Dong Thap efficiently bolster competitiveness and drive economic growth. Following the 2025 merger of the former Dong Thap and Tien Giang provinces, the expanded Dong Thap province in the Mekong Delta faces mounting pressure to accelerate infrastructure development and strengthen connectivity among local economic zones, urban areas, industrial parks (IPs), and production centres.
HCM CITY ATTRACTS US$5.7 BILLION INTO EXPORT PROCESSING AND INDUSTRIAL ZONES
HCM City attracted US$5.7 billion in domestic and foreign investment into its export processing and industrial zones during the first nine months of 2026. The figure exceeded the city's full-year target by 31 per cent, highlighting strong momentum in high-quality industrial investment under Resolution No.10-NQ/TW. Total investment reached 131 per cent of the 2026 target of $4.25 billion and represented a 29 per cent increase compared with the same period in 2025, according to the city's Export Processing and Industrial Zones Authority (HEPZA).
REMITTANCES TO HCM CITY RISE NEARLY 40% IN Q3
Remittances to HCM City reached more than US$2.83 billion in the third quarter of this year, up 39.5 per cent from the previous quarter and 3.6 per cent year-on-year. This was the first quarter showing positive annual growth this year, helping narrow the decline in remittance inflows over the first nine months. According to the State Bank of Vietnam (SBV)’s Regional Branch 2, remittances transferred to HCM City through credit institutions and economic organisations totalled $2.835 billion in Q3, an increase of more than $802 million from the previous quarter.
LOCALITIES REPORT BREAKTHROUGH RESULTS IN FDI IN FIRST NINE MONTHS
In Ho Chi Minh City, total registered capital reached $17.2 billion in the first nine months, up 4.2 times from the same period last year. The figure included more than $9.35 billion in newly registered capital and over $4.9 billion in additional capital for existing projects. Foreign investors also registered more than $2.9 billion through capital contributions and share purchases.
TECH SECTOR GROWTH OPENS UP OPPORTUNITIES FOR VIỆT NAM TO GO GLOBAL
The growth of the electronics, semiconductor and high-tech sectors worldwide is opening up a variety of opportunities for Vietnamese enterprises to integrate more deeply into the global supply chain. However, to become suppliers for these corporations, domestic enterprises must meet rigorous standards regarding quality, technology, productivity and order fulfilment capabilities.






















