Textile businesses struggled to manage during the epidemic

Up to this point, many businesses have almost no orders for the last months of the year, while masks and protective gear, which are considered solutions to help businesses maintain operations, have become saturated.

In the first 6 months of 2020, Garment Corporation 10 overcame many difficulties caused by the Covid-19 epidemic, although there was a time when the supply chain was broken, the circulation of goods was delayed, but the Corporation has survived. firmly, flexibly transform production to ensure employment and income for employees.

However, in the remaining months of the year, the Corporation will face many challenges. The two export markets that account for 85% of the market share, the US and the European Union, have yet to recover, leading to a lack of output in the third quarter of 2020 compared to production capacity.

Mr. Than Duc Viet, General Director of Garment Corporation forecasts 10 that, in the last months of the year, businesses will be very difficult, when the export of masks and health protection sets becomes saturated, market demand decrease, the number of traditional garment orders has not yet recovered. In the coming time, Garment Corporation 10 focuses on organizing production, increasing labor productivity, maximizing savings, cutting all unnecessary costs.

Top products ranked at Amazon: best sewing machine accessories

"I expect the scenario from September to the end of Q4 / 2020 to be very difficult. It may have to take a rotating break. We will also work hard to make it not happen. We are still looking for production segment. New as a mask Continue to search for long orders For traditional apparel products, it is necessary to strengthen the product or make orders or conditions of delivery, product quality, small quantity are them we have to do "- Mr. Viet said.

Currently, orders of businesses are only enough until September, while in previous years, this time, there were orders for the first months of next year. To maintain production, textile enterprises are looking for ways to retain workers.

Mr. Le Tien Truong, Chairman of the Board of Directors of Vietnam Textile and Garment Group, shared that the most important and successful thing in recent months is that the whole system of the Group still maintains jobs for employees, although working time and income decreased.

However, in the remaining months of the year, the challenge is huge, when the textile and garment export market is in danger of falling 30-40% compared to last year. Especially, with new developments of the epidemic, textile and garment enterprises are forced to change production and apply epidemic prevention processes.

According to Mr. Le Tien Truong, in the last months of the year, the Group's member companies will focus on implementing solutions to be able to produce basic products and accept flexible production plans, not specialization. in short term.

Textile businesses struggled to manage a pandemic - Photo 2.

Experts say that in the last months of the year, textile enterprises need to promote exploitation of the domestic market ...

"We are not afraid to explore, not afraid to create, in fact, we have organized the production of items that have never been produced, such as prevention masks, medical masks, and medical clothes for doctors and patients. Not only serving the needs of epidemic prevention in the society but also reducing difficulties due to postponement, cancellation, and suspension of orders.

Difficult times are also times when creativity, cost savings, better production, higher productivity, and quality are needed. Including hours worked, the amount of work may be less. Share with each other so that all can have a job, work together, have income together, keep their team ".

Export activities are facing difficulties, many textile and garment enterprises are looking for opportunities in the domestic market.

Mr. Truong Van Cam, Vice Chairman of Textile and Apparel Association, said that for many years, textile enterprises have continuously invested and boosted production of product lines to supply to the domestic market. A number of businesses have built their product and service brand names with increasingly high product quality, reasonable prices, and Vietnam's textile products have increasingly conquered consumers' trust.

According to Mr. Truong Van Cam, the domestic market will be one of the potential market segments to partially offset the costs in the difficult context, although the revenue of the domestic market may not be too large when the people spending is tightening.

"Textile and garment industry is an export industry, but for a long time, textile enterprises have focused on exploiting the domestic market, which we consider this a very potential market and in the long term, Vietnam. we are also a rapidly developing country.

The market will grow more and more, we are also aware of the responsibility to serve the domestic market, in addition, the perception and behavior of consumers are also changing. Enterprises try to focus on manufacturing technology changes, building a distribution system to remote areas to deliver goods to people ... "- Mr. Cam said.