The Da Nang government has issued plans on implementing the development strategy of Viet Nam's textile, garment and footwear industry by 2030, with a vision to 2035 in the city.

Illustrative image. (Photo: DNO)

Accordingly, the goal of developing the textile and footwear industry is to become one of the city’s key export industries. By 2035, the city’s textile and footwear industry will develop according to the circular economy model, developing a number of regional brands in the country, and the world at large.

The annual growth rate of added value of the city’s textile and footwear industry will reach 11.2% in the 2021 - 2025 period, 7.7% in the 2026 - 2030 period and 9.5% in the 2021 - 2030 period.

The general strategic development orientation is heading towards specialisation and modernisation on the basis of promoting the competitive advantages of the industry to accelerate exports and fully tap the domestic market.

At the same time, sight will be set on encouraging the development of supporting industries for the textile, garment and footwear industries, using modern technology, producing high quality products, ensuring environmental standards, developing linkage models along the value chain in order to improve the competitiveness and added value of products.

Reporting by M.Q - Translating by A.THU