Unclogging textile-garment sector supply chain
The government’s backing, especially investment capital and legislation on raw material production, is important and necessary to develop textile and garment support industries.
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The government’s backing, especially investment capital and legislation on raw material production, is important and necessary to develop textile and garment support industries.
Nghe An is one of the chosen destinations of large international investors shifting their supply chains to Vietnam, providing businesses in the north-central province with access to new opportunities for support industry development.
US companies are seeking new suppliers to minimize risks in supply chains, creating more opportunities for Vietnamese businesses in the post-pandemic era. However, the opportunities also face challenges.
The COVID-19 pandemic created opportunities and challenges for the global supply chain. To ensure uninterrupted trade flows, countries need to take advantage of the new opportunities to overcome the challenges facing the global supply chain.
The global supply chain seems unlikely to return to normal by the end of this year, according to experts who addressed a recent workshop in Vietnam on opportunities and challenges for global value chains in the post-pandemic recovery.