The Life and Building Safety (LABS) Initiative was officially launched in Hanoi on August 6 by IDH - the sustainable trade initiative and the Vietnam Textile and Apparel Association (VITAS), aiming to promote safer conditions for factory workers in the apparel and footwear industries.
Concerns are growing over whether supermarket chain Big C’s temporary suspension of Vietnamese apparel purchases could spread to other products and retailers.
Vietnamese apparel manufacturers need to embrace new technologies to meet the growing global fast fashion trends, according to the Vietnam Textile and Garment Association (VITAS).
Although Vietnamese apparel company movement toward the stock market is an inevitable trend in a market economy, only 30 businesses of the sector’s total of 6,000 have listed so far.
Garment and textile enterprises have received enough orders to keep them busy through the first quarter of this year, said the General Director of the Vietnam National Textile and Garment Group.
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