Procurement News Notice |
|
| PNN | 8347 |
| Work Detail | Up to 86% of Vietnamese workers in the textile, clothing and footwear industry are at high risk of losing their jobs to automation in the near future, according to a recent survey by the International Labour Organization (ILO). Low labour productivity leads to greater automation, as the cost of using an automatic sewing machine will be 4-fold cheaper than using a worker by 2020, according to local media outlet Vietnam Breaking News. In Vietnam, the fashion sector invested heavily in automation technology in 2015. Accordingly, an automatic cutter can replace 15 workers while businesses can recover the investment cost within 18 months. |
| Country | Vietnam , South Eastern Asia |
| Industry | Textile |
| Entry Date | 15 Oct 2016 |
| Source | http://www2.staffingindustry.com/row/Editorial/Daily-News/Vietnam-86-of-textile-workers-may-lose-jobs-to-automation-39241 |
