Experts said adopting a circular economy in the sector aims at eliminating raw materials and microfiber pollution, increasing product lifecycles, recycling efficiently, utilising efficient raw materials and fuels, and transitioning to renewable energy. The foundation, they stated, lies in the removal of raw materials and plastic microfiber emissions.
Vietnam’s garment and textile industry needs to develop a closed-loop supply chain with a focus on obtaining self-sufficiency in raw materials in order to meet the rules of origin under the UK – Vietnam Free Trade Agreement (UKVFTA) for expanding exports to this market.
Although the garment and textile industry is witnessing new export growth, the sector still faces challenges due to increasing market and customer demands, requiring them to leverage the industry’s position in the world market, according to experts.
Garment and textile enterprises must develop new management methods and renew their production technologies to well adapt to new challenges like small and rapid orders as well as labour shortages, experts have said.
