In 2022, the textile and garment industry is expected to reach 42 billion USD in export turnover

On November 18, the Vietnam Textile and Apparel Association held a press conference with information about the association's 2022 Summary Conference taking place on December 16 in Ho Chi Minh City. Ho Chi Minh. This is a particularly important event in order to summarize the situation of the textile and garment industry in Vietnam and the world in 2022, to see and evaluate the association's activities in the past year, and to share the direction of activities in the coming time. together with solutions to help the textile industry overcome difficulties and challenges to achieve the goal of sustainable development.

The event had the participation of leaders of ministries, branches and localities; Leading brands, economic and labor transferees come from international organizations in Vietnam, more than 600 member enterprises of the association and press agencies.

Within the framework of the event, on December 15, 2022, the morning session will take place the Southeast Asian Textile and Apparel Federation (AFTEX) Conference with the presence of leaders of the Southeast Asian Textile and Apparel Association. The seminar "Solutions for textile supply chain management for sustainable development" will have the participation of domestic experts and prestigious international organizations with 2 main topics: digital transformation and sustainable development.

According to a representative of the Vietnam Textile and Apparel Association, this event is an opportunity for businesses in the industry to see the results achieved in 2022. In the last 6 months of the year, the import and export situation of the textile and garment industry slowed down. directly affected by inflation, the conflict between Russia and Ukraine, China's "Zero COVID" policy when Vietnam is importing over 40% of raw materials from this market and strict requirements from Importing countries' commitment to sustainable development and combating climate change... Facing these difficulties, textile and garment export turnoverVietnam still maintains a good growth rate estimated at 42 billion USD, an increase of 3.8% compared to 2021. In the period of 2023-2025, the world economic forecast still has many uncertainties, the textile industry needs a direction. new, reduced dependence on international markets, self-sufficiency in the supply of raw materials, gradually shifting focus to exploiting the domestic market.

The Vietnam Textile and Apparel Association held a press conference on the 2022 Summary Conference

With a population of nearly 100 million people, Vietnam is a potential textile and garment consumption market for businesses. However, not many Vietnamese textile and garment enterprises focus on branding and exploiting this market. In 2022, Vietnam's textile and garment industry has 10 brands that have won the Vietnam National Brand, including: Viettien fashion products (Viet Tien Garment Corporation), Merriman brand (Hoa Tho Textile and Garment Corporation). , brand Mattana & Novelty (Nha Be Garment Corporation), An Phuoc Apparel (An Phuoc Sewing and Embroidery Co., Ltd), May10 Series, May10 Suits & Eternity GrusZ (Garment 10 Corporation), Thai Tuan Fashion (Thai Tuan Group Joint Stock Company), Mollis cotton towels (Phong Phu Corporation). From now to 2025, Vietnam will have 20 fashion brands not only in the country but also reaching out to the world.

In order to achieve the set goals and implement the slogan "Overcoming challenges - Sustainable development - Towards the future", the Vietnam Textile and Apparel Association will continue to stand side by side with businesses, taking the interests of businesses. textiles as the focus.

Specifically: Well perform the role of connecting domestic enterprises with each other and foreign-invested enterprises to form supply chains and expand export markets; coordinate with major international organizations to implement programs to support enterprises in governance, green transformation, new technology, design, branding...; implementing trade promotion programs at home and abroad to create opportunities for Vietnamese enterprises to exchange and promote their images; promptly transmit information on the industry, economy - society in the country and the world to members.

In particular, the association always promotes its role as an effective bridge between the State management agencies and the textile and garment enterprises, reflecting difficulties in policy mechanisms, doing well as a member of the Money Council. National salary, the Prime Minister's Advisory Council on Administrative Procedure Reform.