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Vietnam Textile Workers May Risk Being Replaced By Machines
By David Papapostolou — Up to 86% of Vietnam’s 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 labor 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.
Vietnam’s 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.
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