COVID-19 resurgence leaves textile-garment makers restless

Vietnam’s textile and garment exports grew 9 percent to over 9.5 billion USD in the first four months of 2021, with shipments of cord fabric and fibre and yarn increasing 35.7 percent and 43.4 percent, respectively, year-on-year.
COVID-19 resurgence leaves textile-garment makers restless ảnh 1Illustrative photo. (Source: VNA)
Hanoi (VNA) - Vietnam’s textile and garment exports grew 9percent to over 9.5 billion USD in the first four months of 2021, withshipments of cord fabric and fibre and yarn increasing 35.7 percent and 43.4percent, respectively, year-on-year.

It was an especially encouraging performance given that the sector witnesseda 10.5 percent decline in generating 35 billion USD from exports last year. Theindustry is aiming for up to 39 billion USD in shipments this year.

However, exporters and producers can’t rest easily as the country’sfourth wave of COVID-19 is ravaging industrial parks in the north, where alarge number of textile and apparel factories are located.

If a company is put under quarantine and must suspend production for 14 to21 days, its plan for the year as a whole would be in tatters, according to Chairmanof the Vietnam Textile and Apparel Association (VITAS) Vu Duc Giang. Theconsequences could be enormous, leaving firms on the brink of bankruptcy andworkers without jobs, he added.

Textile and garments is a labour-intensive industry and the damagecaused by the COVID-19 resurgence may be incalculable, he explained. Delays indelivery can lead to cancelled orders or delay penalties, resulting in losses inthe billions of USD and reputational damage for the industry.

It is vital to protect workers’ health to maintain continuous production,Giang said.

To deal with the situation, VITAS has proposed the government and theMinistry of Health help producers buy and administer COVID-19 vaccines, withpriority given to those in areas hit hardest by the pandemic.

The association has also suggested firms in the industry providefinancial support for procuring vaccines, to speed up nationwide vaccinationefforts./.
VNA

See more

Leaders of Dak Lak province inspect IUU fishing prevention and control efforts at Phu Lac fishing port, Hoa Hiep ward. (Photo: daklak.gov.vn)

Dak Lak readies for EC mission on anti-IUU fishing efforts

Dak Lak province is completing preparations for an upcoming European Commission (EC) inspection on efforts to combat illegal, unreported and unregulated (IUU) fishing, with a view to having the fisheries “yellow card” removed.

Vietnamese Ambassador to Argentina Ngo Minh Nguyet speaks at the event. (Photo: VNA)

Vietnam, Argentina promote trade, investment cooperation

On relations with South America, Nguyet noted that in December 2025, Vietnam and the Southern Common Market (MERCOSUR) announced the launch of negotiations for a Preferential Trade Agreement (PTA). She expressed her hope that the agreement will be signed soon, thereby further boosting trade and investment between Vietnam and MERCOSUR member states, including Argentina.

Customers buy petrol at a Petrolimex petrol station in Tran Hung Dao ward, Hung Yen province. (Photo: VNA)

PM orders stronger measures to ensure stable petrol supply

The MoIT was instructed to direct key petrol producers and traders to proactively develop supply plans to guarantee adequate fuel provision for distribution systems, maintain regular sale operations, and sell products at listed prices. It must also closely monitor developments in global and domestic petrol markets and adopt appropriate management measures when necessary.

Farmers in Ca Mau province use combine harvesters to harvest rice. (Photo: VNA)

PM orders coordinated measures to stabilise rice production and markets

The Minister of Agriculture and Environment is tasked with instructing local authorities to closely monitor production developments, improve forecasting capacity, strengthen pest control measures, and proactively respond to adverse weather conditions to protect crops, maintain planned yields and output, and reduce production costs.

A worker refuels a vehicle at a petrol station in Hung Yen province. (Photo: VNA)

Fuel prices slashed as stabilisation fund used

According to a joint decision by the Ministry of Industry and Trade and the Ministry of Finance, the price of RON95-III petrol – the most widely used grade – fell by 3,880 VND to 25,240 VND (0.95 USD) per litre.

Customers purchase petrol at Station No. 03 (Petrolimex Hung Yen) on Quang Trung Street, Tran Hung Dao ward, Hung Yen province. (Photo: VNA)

Hung Yen takes measures to curb speculation, stabilise fuel market

Petrolimex Hung Yen maintains regular reserves of about 5,500 cubic metres at directly managed outlets and roughly 2,000 cubic metres at franchised stations. The provincial Department of Industry and Trade has ordered closer monitoring of supply and demand and retail prices to detect shortages or unjustified price hikes.

The automobile assembly line of the Honda Phuc Yen factory in Phu Tho province (Photo: VNA)

Honda Vietnam sees decline in motorcycle, car sales

Sales of both motorcycles and automobiles by Honda Vietnam declined in February, dropping 19.6% and 41.8% year-on-year, respectively, according to the company’s latest business results released on March 11.

Team 2 of the Hanoi Market Surveillance Sub-department inspects operations of a Petrolimex petrol station on Tran Quang Khai street (Photo: VNA)

Hanoi maintains stable supply of petrol, LPG

The Hanoi Market Surveillance Sub-department said petrol and LPG trading activities across the city remain stable, with supply largely meeting demand despite volatility in global energy prices.

A Qatar Airways aircraft is seen at Noi Bai International Airport in Hanoi. (Photo: VNA)

Qatar Airways cancels 13 more flights amid Middle East conflicts

Statistics show that airspace across the Middle East has yet to return to normal operations, with multiple FIRs still imposing restrictions or partial closures. As a result, international flight operations through the region continue to face disruptions and route adjustments.

New FDI registrations remained robust in the first two months of 2026, with 620 newly licensed projects worth 3.54 billion USD, up 20.2% in the project number and 61.5% in registered capital compared to the same period last year. (Photo: VNA)

FDI attraction in 2026: Vietnam adapts to new global investment standards

To further enhance FDI attraction amid rising global and regional competition, Deputy Minister of Finance Tran Quoc Phuong said the ministry is drafting new strategies on foreign-invested economic development and next-generation FDI attraction, focusing on more open, transparent and competitive institutional frameworks.

Prime Minister Pham Minh Chinh speaks at the conference. (Photo: VNA)

PM highlights 'silver economy' as sustainable growth driver

The PM stressed that population ageing is an inevitable part of development, and the key challenge is not to avoid it but to respond proactively with sound policies and decisive action to turn the "silver economy" into a new driver of growth, innovation and sustainable development.

The first EU – Vietnam Global Gateway Business and Investment Forum is scheduled to take place in Hanoi on March 24, 2026. (Photo: vneconomy.vn)

EU – Vietnam Global Gateway business forum to be held in Hanoi

Key discussions will centre on sectors viewed as catalysts for Vietnam’s sustainable growth such as sustainable transport, energy transition, infrastructure connectivity, green and digital transformation, and the adoption of ESG standards in investment and business practices.