Ho Chi Minh City (VNA) – The textile and clothing market is recovering, but enterprises are facing many new challenges, including ordering methods and labor. This requires them to develop management methods and renew machines and apply technologies to adapt to the market. This is the opinion of experts and enterprises put forward at the recent global launch ceremony of Jack Technology’s Arus overlocker in Ho Chi Minh City.
Vu Duc Giang, Chairman of the Vietnam Textile-Garment Association (Vitas), said that since the beginning of the year, the textile market has tended to grow more positively than in 2023. The sector sets an export target of $44 billion in 2024. As of the end of May 2024, exports have earned more than $15.8 billion, an increase of 4.3 percent year-on-year. Vietnam’s textile-garment industry has flourished because most major markets such as the US and Europe have controlled inflation, helping to increase purchasing power. In addition, Vietnamese companies have recently been proactively diversifying their markets and customers.
Ms. Nguyen Thi Tuyet Mai, Deputy General Secretary of Vitas, said companies have orders until the end of the third quarter or even until the end of 2024. However, they also face many new challenges. Consumers tend to buy online and their product needs are increasingly varied. In markets such as the EU and USA, requirements for green and sustainable production, in all stages such as raw materials, labor, equipment, energy and transportation, are all legislated and implemented. works synchronously.
At the same time, the sector is facing increasing pressure on its workforce. In concrete terms, companies are currently short of around 500,000 workers, including skilled workers, managers and product designers…
Tran Chi Gia, director of Meko Joint Stock Company, said his company is facing labor difficulties. It is difficult to recruit young workers to replace older ones who have gradually reduced their productivity and labor costs for the product have increased.
Nguyen Tich Tuong, founder of Jack Technology, pointed out that for about a year, “pressure” and “innovation” are two popular words used in many professions.
“The recent shift in textile production from one country to another is not simply a geographic or labor shift, but also a choice of production technology by customers. Therefore, companies that wishing to move forward and actively participate in new supply chains must prioritize improving technologies to improve their productivity, product quality and minimize their production costs,” he shared. -VNA
