Vietnam will also have opportunities to catch up from the trend of shifting the world’s textile and garment

Besides, Vietnam will also have opportunities to catch up from the trend of shifting the world’s textile and garment supply out of China and Vietnam is one of the most potential and favorable destinations for manufacturers, import and export distributors, wholesalers and retailers worldwide.

To maintain the leading position and tap up opportunities post COVID-19, textile enterprises are accelerating to upgrade technology in production chains as well as increase labour productivity.

Take Hung Yen Garment Corporation (Hugaco) for instance, the company has focused on investing in equipment, modern technology and digital transformation, helping to increase productivity by about 20%