“Vietnam’s textile enterprises are leading the way in green production, demonstrating their resilience and creativity in the face of global challenges.”
Did you know that many textile enterprises in Vietnam are moving towards green production processes? This shift is driven by increasing consumer awareness in key export markets and the development of standards for imported textiles and apparel, particularly in the European market.
To export to the EU, Vietnamese textile firms must meet strict standards around product safety and the environmental impacts of their supply chains. This has forced Vietnamese firms to take action and adapt, leading to significant changes in the industry.
According to the General Statistics Office, textile and apparel exports in the first four months of 2023 experienced a decline of 19.3% compared to the previous year. This decline can be attributed to the challenges brought about by the Russia-Ukraine conflict, which has impacted the global economy and caused inflation among Vietnam’s major trading partners.
However, this decline has been transformative for the garment and textile sector. Businesses have swiftly adapted to the economic challenges by reorganizing their production lines, adopting new technologies, and adjusting their business models.
Green production has become increasingly important in response to the rising demand for durable and long-lasting goods. Several important export destinations for Vietnamese textiles and apparel, including the US, the EU, Japan, and South Korea, have laws and regulations governing environmentally responsible manufacturing practices. Additionally, higher standards for product quality are embedded in many of the trade agreements Vietnam is part of.
These factors are driving a push towards more environmentally friendly textile production in Vietnam. By embracing green practices, textile enterprises are not only meeting regulatory requirements but also appealing to environmentally-conscious consumers.
Vietnam’s textile industry is a shining example of how environmental sustainability and economic growth can go hand in hand.
