According to a recent analysis from the Industry and Trade Information Center (Ministry of Industry and Trade), in 2021, the textile and garment industry finished with $39 billion in export turnover, up 11.2% over the previous year. However, in terms of market share, Vietnam's textile and garment industry has not improved.

Among the main export markets of Vietnam's textile and garment in 2021, besides the US, there is a recovery equal to 2019 with about 100 billion USD in garment import turnover, the remaining major markets of Vietnam's textile and garment are likely to recover. resilience is low, even lower than 2020. This will continue to be a challenge for the industry in 2022.

Besides, domestic textile and garment enterprises will face a series of internal challenges such as: Transportation costs are 3 times higher than the average level of the past 5 years; the disadvantage of exchange rate makes Vietnam's textile and garment less competitive against rivals; Labor imbalance, enterprises in the South still lack labor, while this region accounts for about 40% of the total export turnover of the whole industry.

At present, many textile and garment enterprises have orders until the third quarter of 2022, but it is not possible to predict the market after that because it depends a lot on the epidemic situation.

“In addition, according to experts, although the textile and garment market has prospered, many competitors of Vietnam's textile and apparel industry such as China, Bangladesh, India... also accelerated and made great efforts to offset the difficulties. there is a shortage of turnover in 2021", said a representative of the Center for Industry and Trade Information.

Another notable issue is that, most businesses in the supply chain of the textile and apparel industry that process for major brands in the world have received the requirements of "greening" in production such as: social, environmental and emission reduction. These are also criteria to evaluate competitiveness when participating in international supply chains.

The biggest barrier for businesses today is the large investment in machinery and technology.

Talking to a reporter from Customs Magazine, Mr. Than Duc Viet, General Director of Garment 10 Corporation, said that with the "greening" program, on the one hand, businesses always have to follow the trends of the world. .

Secondly, businesses are also pressured by imported customers when they ask for standards on green factories, working environment for employees, reducing pollutant emissions, reducing hazardous waste...

Currently, the entire system of Garment 10 factory for export can ensure the requirements of customers. However, with some new certifications May 10 is also striving.

“In addition to the green factory story, another factor that must be mentioned is green materials. Currently, many customers ask that May 10 must use materials of natural origin, recycled materials so as not to exploit many resources and after only 5-10 years of self-degradation after use. That's what May 10 is focusing on a lot," said Viet.

Regarding the "greening" of the textile and garment industry, according to the Vietnam Textile and Apparel Association, the whole industry set a plan by 2023, reducing energy consumption by 15%, water consumption by 20%; By 2030, transforming "green" of Vietnam's textile and garment industry, and at the same time building 30 international brands.

Facing the challenges of the industry, the textile and garment industry hopes that the Government will soon approve the "Strategy to develop Vietnam's textile and footwear industry to 2030, with a vision to 2035" so that the industry can be self-sufficient in raw materials. meet the rules of origin of the Free Trade Agreements...

In the long term, textile and garment enterprises desperately need support from the National Assembly, the Government and ministries and branches through macroeconomic stability, interest rates and exchange rates must be suitable for export promotion...

According to Customs Newspaper