Vietnam is following the footsteps of its main rival Bangladesh in going green as textile and garment firms in Vietnam are accelerating their efforts to switch to green products in order to comply with the requirements of its EU partners.
The EU is a major market for Vietnam’s apparel and textiles accounting for over $ billion in annual exports. Le Tien Truong, the Chairman of the Vietnam National Textile and Garment Group (Vinatex) has said from now onwards till 2050 the EU will formulate new rules on textile and garment products, with a focus on green ones.
The Hanoi Textile & Garment Joint Stock Corporation (Hanosimex) and the Hansae group of the Republic of Korea will be the first in Vietnam’s textile and garment industry to make a historic turning point with the formation of a complete supply chain, from yarn-making, weaving, and dying to sew, particularly for recycled products according to the Vietnam Plus.
The EU is a major market for Vietnam’s apparel and textiles accounting for over $ billion in annual exports. Le Tien Truong, the Chairman of the Vietnam National Textile and Garment Group (Vinatex) has said from now onwards till 2050 the EU will formulate new rules on textile and garment products, with a focus on green ones.
The Hanoi Textile & Garment Joint Stock Corporation (Hanosimex) and the Hansae group of the Republic of Korea will be the first in Vietnam’s textile and garment industry to make a historic turning point with the formation of a complete supply chain, from yarn-making, weaving, and dying to sew, particularly for recycled products according to the Vietnam Plus.