Textiles improve internal production capacity to adapt to the new normal

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2021 is a difficult year for the whole economy, especially for the textile and garment industry, many businesses said that there was a time when it seemed to have fallen into “desperation”.But thanks to efforts to adapt to prolonged social distancing and supply chain disruptions, Vietnam’s textile and garment industry has overcome difficulties to maintain a good growth momentum in 2021.

According to the report of the Vietnam Textile and Apparel Association, in 2021, Vietnam’s textile and garment exports maintain a good growth momentum, estimated at 39 billion USD, up 11.2% compared to 2020 and up 0.3% compared to 2019. This can be seen as a great effort of this industry in the context of the world economy being heavily affected by the Covid-19 pandemic.

Following the current news, Saigon Economic Review organized an online talk show with the theme “Textile enterprises improve their internal production capacity” to provide an overview of the enterprises’ efforts to overcome difficulties in the field. pandemic as well as assessments and comments of experts on opportunities and challenges of post-pandemic businesses.

The speakers, including Assoc. Prof. Dr. Tran Ha Minh Quan – Director of ISB Institute, Mr. Pham Van Viet – Vice Chairman of Ho Chi Minh City Textile and Embroidery Association, Mr. Nguyen Quyet Thang – Deputy General Director of Corporation 28 and Dr. Pham Thi Hong Phuong of the Industrial University of Ho Chi Minh City – an expert in process improvement in industrial plants, shared real stories about difficulties caused by labor shortages, rising costs, real efforts to implementation of epidemic prevention measures in production, along with the challenges of restructuring enterprises.

According to Assoc. Prof. Dr. Tran Ha Minh Quan – Director of ISB Institute, recognizing the fact that, in order to overcome difficulties caused by raw material sources and export markets, businesses have actively found solutions to stabilize the situation. production model, rearranging labor resources, proactively sourcing raw materials and product consumption markets… to proactively help their businesses overcome the “storm” of Covid-19.

Mr. Pham Van Viet – Vice Chairman of Ho Chi Minh City Textile, Embroidery and Knitting Association and Mr. Nguyen Quyet Thang – Deputy General Director of Corporation 28, shared that in addition to stabilizing production, the Covid-19 pandemic also brought many benefits to customers. businesses have a clearer view of the need to change the way they operate their businesses as well as improve their production processes in line with changes in society. The proactive change has helped businesses adapt after the unprecedented difficulties brought by the epidemic, and is also in line with the general development trend of the entire textile and garment industry, a labor-intensive manufacturing industry. .

Changing to adapt, investing to develop, that is not a new story in the business strategy of any business, but how to change it to stabilize production and ensure the lives of employees. Improving the brand’s reputation is also a big challenge for the entire textile and garment industry, as noted by Dr. Pham Thi Hong Phuong, Head of the Department of Chemical and Materials Technology at the Industrial University of Ho Chi Minh City, an expert with a long-term commitment to the productivity-enhancing transformation process in textile factories.

Dr. Pham Thi Hong Phuong emphasized that the Covid-19 epidemic not only poses challenges but also promotes businesses to catch up with the current trend, which is streamlining production, linking workers at the factory to increase productivity and reduce costs. product costs; greening production processes, reducing adverse impacts on the environment, saving energy and natural resources. Self-efforts have helped Vietnamese textile enterprises not stand still in fulfilling their responsibilities to employees, the community and the environment.

We invite you to follow the discussion here:

Source: KTSG