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IMPACT OF COVID-19 IN THE EXPORT OF RMG
PRODUCTS IN VIETNAM
Presented To Presented By
Md.Tanver Rana Sobur
Id:202011056048
MONIKA MEHJABEEN TISHA
Department of Computer science and Engineering
Lecturer ,
DEPARTMENT OF BBA
Bangladesh University
READY-MADE GARMENT(RMG)
➤ Mass-produced finished textile products of
the clothing industry.
➤ Bought off of store racks or online, and are
ready to wear
➤ Outer clothing, which includes work wear and
uniforms, leisure wear, and sportswear
➤ Made from many different fabrics and yarns
1
HISTORY OF RMG PRODUCTS
➤ Established in New York in 1831
American Civil War
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
1860 1890 1951
US were ready-made
Series 1
2
RMG TOP MANUFACTURING COUNTRIES
China Germany
Bangladesh
Vietnam
3
READY-MADE GARMENT(RMG)-VIETNAM
➤ Established in 1960s
➤ Foreign Investment and Trade.
➤ Lower Labor cost, Skilled Workforce and
favorable business environment
➤ Garment Manufactures from around the world.
➤ International Brands like Nike, Adidas etc.
➤ Economic Development.
4
READY-MADE GARMENT(RMG) PRODUCTS
T-Shirts & Shirts Pants & Jeans Jackets & Coats
Sports Wear &
athletic apparel
Gloves
Bags & Backpacks
5
TOP COMPANY -VIETNAM
April 29, 1995. 1967
June 1, 2000
1988
November 22, 1979
6
COMPETITOR
.
Vietnam
Bangladesh
Turkey
Pakistan
China
7
COVID 19 PANDEMIC IMPACT
.
➤ Disruption of supply chains, a decrease in
demand, and factory closures
➤ Many countries implemented lockdowns
and travel restrictions.
➤ Supply chains, factories faced shortages of raw
materials, leading to delays in production and
shipment
➤ Factories canceled orders, and workers
were laid off, leading to a loss of income for
many garment workers.
8
TEXTILES AND GARMENTS FROM 2013 - 2022
0
5
10
15
20
25
30
35
2013 2014 2015 2016 2017 2018 2019 2020 2021
Series 1
Series 1
9
VIETNAM EXPORTS OF GOODS AND SERVICES
0
2
4
6
8
10
12
14
16
18
20
2002 2005 2010 2015 2019 2020 2021
%
%
ANNUAL % GROWTH
10
VIETNAM EXPORTS 2012-2021
0
50
100
150
200
250
300
350
400
2012 2013 2015 2017 2019 2020 2021
USD Billion
USD Billion
11
SOLUTION
➤ Implement workplace safety measures
➤ Increase communication and transparency
➤ Diversify supply chain operations
➤ Focus on e-commerce
➤ Support workers and communities
➤ Invest in technology
12
CONCLUSION
➤ Global apparel industry.
➤ Sharp reduction in demand.
➤ Global Logistics and transportation.
➤ Decline in exports and revenue.
➤ Affected the production capacity of the manufactures company.
➤ Severely impacted the export Of RMG product.
13
REFERENCE
1. https://businessinspection.com.bd/rmg-landscape-vietnam-vs-bangladesh/
2. https://rmgbd.net/2020/06/evolution-of-vietnams-textiles-garments-industry-amid-covid-19/
3. https://vietnamcredit.com.vn/news/top-7-textile-garment-companies-in-vietnam-by-market-
cap_14609
4. https://vietnamcredit.com.vn/news/top-7-textile-garment-companies-in-vietnam-by-market-
cap_14609
5. https://www.ceicdata.com/en/vietnam/exports-by-commodity-value/exports-ytd-textiles-
and-garments
6. https://data.worldbank.org/indicator/NE.EXP.GNFS.KD.ZG?end=2021&locations=VN&start=19
90&view=chart
7. https://www.macrotrends.net/countries/VNM/vietnam/exports
14
IMPACT OF COVID-19 IN THE EXPORT OF RMG PRODUCTS IN VIETNAM

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IMPACT OF COVID-19 IN THE EXPORT OF RMG PRODUCTS IN VIETNAM