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Friday, 11 November 2022 09:12

Vietnam goes green to enhance exports to Canada

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Vietnam’s exports of textile and garments to Canada grew by 40 per cent during 2018 to 2022.

Thanks to complete reopening, Canada’s demand for textile and garment imports has strongly bounced back. So there remains much room for Vietnam to increase exports to this market despite considerable competition pressure. Now Vietnamese businesses have been urged to adopt green practices to secure sustainable growth in textile and garment exports to Canada, where Vietnam ranks second among the exporters of such products. Greening is an inevitable trend in the textile and garment industry, forcing businesses in Vietnam to strive for sustainable development.Notably, in response to Canada’s demand for supply source diversification, India, Indonesia, and Sri Lanka have been emerging as strong rivals thanks to their capabilities to manufacture sophisticated products. This is another challenge for Vietnamese businesses. And to obtain sustainable export growth, businesses should devise a carbon emission reduction strategy, adopt a circular production model, use recyclable materials and clean energy, and practice energy efficiency.They also need to stay updated with new certificate systems in the industry and comply with buyers’ report requirements. Vietnamese companies’ capabilities of sustainable and circular production and firms with LEED (Leadership in Energy and Environmental Design) certificates are being highlighted to Canadian partners.