Vietnam sounds out H&M, Syre

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Vietnam government consults H&M-backed recycler Syre and the Swedish retailer in a push to help green its vast textile and footwear sector

Syre signs MoU for production facility in Vietnam.
Syre recently signed an MoU with Binh Dinh Province of Vietnam.

HANOI – Vietnam has invited H&M Group and its textile-to-textile recycling partner Syre to help shape new rules for a more sustainable textile, garment and footwear sector, as the country tests how far circularity can be integrated into its own industry.

Syre – formed with backing from H&M and Vargas – has already identified Vietnam as a base for polyester textile-to-textile recycling and has been granted an investment certificate in Binh Dinh province.

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