Chances and Challenges of Vietnam's Garment Industry in the new Trend of Sustainable Development

Tri Tran Quang, Tu Tran, Alang Tho, John Burgess

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

To remain internationally competitive, Vietnam's garment industry aims to build upon low production costs with the target of taking available advantages from reasonable pricing, the improvement of product quality, and an increase in labor productivity. However, despite export growth, the added value of the industry is still not as worthy as its potential. This leads to the significance of the study to explore underlying reasons for what hindered the development of Vietnam's garment industry. The study was done following a two-phase study. Phase I was a qualitative exploration through in-depth interviews with eight companies' executives, and Phase II was quantitative research through an online survey from selected leading professors and company executives representing different aspects of Vietnam's garment industry. Six main themes emerging from this study reveal two different viewpoints of Vietnam's garment industry, including both chances and challenges that Vietnam's garment industry will be facing in the current trend of deepening and widening international integration.

Original languageEnglish
Title of host publicationProceedings of 2020 5th International Conference on Green Technology and Sustainable Development, GTSD 2020
PublisherInstitute of Electrical and Electronics Engineers Inc.
Pages286-290
Number of pages5
ISBN (Electronic)9781728199825
DOIs
Publication statusPublished - 27 Nov 2020
Externally publishedYes
Event5th International Conference on Green Technology and Sustainable Development, GTSD 2020 - Virtual, Ho Chi Minh City, Viet Nam
Duration: 27 Nov 202028 Nov 2020

Publication series

NameProceedings of 2020 5th International Conference on Green Technology and Sustainable Development, GTSD 2020

Conference

Conference5th International Conference on Green Technology and Sustainable Development, GTSD 2020
CountryViet Nam
CityVirtual, Ho Chi Minh City
Period27/11/2028/11/20

Keywords

  • challenges
  • chances
  • garment industry
  • sustainable development
  • Vietnam

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