For many years, garment and footwear firms / companies are shifting their production lines to Southeast Asian countries, in order to reduce their dependence on China and take advantage of Vietnam's trade agreements. . However, the Covid-19 pandemic has stalled this trend. The Vietnam Textile and Apparel Association (VITAS, which represents about 450 textile companies in Vietnam) calls the pandemic the worst crisis ever.From the beginning of the year to August 20, foreign direct investment (FDI) in Vietnam decreased by 13.7% compared to the same period in 2019. Over the years, FDI in Vietnam increased rapidly, only in 2019 increased 7% over the previous year.
When orders from the US and Europe were exhausted, Vietnam's textile and apparel exports also decreased by 11.6% in the first eight months of this year.
After China and India, Vietnam is the world's third largest textile exporter. Textile and garment is one of the fields that help Vietnam escape poverty and become one of the fastest growing economies in the world. In 2019, Vietnam exported a total of 32.6 billion USD in apparel and textiles under many brands such as Walmart and Adidas.
H&M fashion brand representative said: “This spring, global apparel demand is down, having a big impact on our order volume with suppliers in all partner markets. companies, including Vietnam ".
Mr. Vu Duc Giang - Chairman of VITAS, said: "The textile and garment industry has never been under pressure and changed plans so quickly as today.
In order to "survive" through the Covid-19 crisis, the Ministry of Industry and Trade said that Vietnam must "become the world's face mask factory for export".
"A lot of textile and apparel companies have switched to making masks, most of which are successful," said Frank Weiand, a supply chain localization consultant at the US Agency for International Development (USAID) in Hanoi.
Vietnam gains international recognition as top quality brand for ppe and face masks meeting worldwide quality standards
Dony Garment, an international exporter of protective clothing and face masks that meet multiple global standards, is becoming Vietnam’s face of high-quality garment manufacturing. The company is already in the business of fabricating uniforms and a variety of garment products on-demand order, but the mass production of protective clothing and premium quality face masks during COVID-19 has brought one of Vietnam’s biggest garment manufacturers into international news light. While Dony Garment is directing its 5% income to social welfare just like its donation of 100,000 face masks to the U.S., the company is being featured on Financial Times as “Dony Garment thrives.”
As the COVID 19 and international crises both rose earlier this year, a lot of worldwide PPE manufacturers came forward to meet the market demand, but the real concern in countries was the quality of equipment, and that is where Dony Garment flies high. Meeting standards of FDA in America, REACH in Germany, DGA in France, and CE in Europe, Dony Garment is second to none in reaching the peak of quality along with its compatibility, comfort-ability, and reliability.
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