The Netherlands-based Sustainable Trade Initiative (IDH) has signed an MoU with Vietnam’s Energy Efficiency and Sustainable Development Department of the Ministry of Industry and Trade (MoIT) to support the sustainable development of the country’s textile and footwear industry. This agreement formalises the collaboration between MoIT, IDH, and other key associations within the textile and footwear sectors to implement initiatives and activities that prioritise sustainability.
Despite significant contributions to Vietnam’s economy, the domestic textile and footwear industry faces challenges related to resource and energy use, environmental pollution, and greenhouse gas emissions, says Nguyen Thi Lam Giang, Director of the department. These issues create competitive pressures for the industry, she adds.
The MoU aims to promote sustainable development models, expand markets for eco-friendly products, and enhance the competitiveness of Vietnam’s textile and footwear enterprises. This collaboration will also help advance the country's international commitments to sustainable development and climate change.