Vinatex faced unprecedented challenges
Vinatex announced that the textile industry saw an export decline of over 10% for the first time in 30 years. The industry faced severe global economic fluctuations between 2020 and 2025. Vinatex stated the industry experienced two years of pandemic and two years of geopolitical tension. These events led to supply chain disruptions and volatile demand. The industry now faces strict environmental standards, green and digital trends, and competition from low-cost labor.
Vinatex announced that the textile industry saw an export decline of over 10% for the first time in 30 years. The industry faced severe global economic fluctuations between 2020 and 2025. Vinatex stated the industry experienced two years of pandemic and two years of geopolitical tension. These events led to supply chain disruptions and volatile demand. The industry now faces strict environmental standards, green and digital trends, and competition from low-cost labor.
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