Several garment and textile companies in Vietnam have either closed units or have been facing such possibilities since mid-2017 due to firms investing in automated production lines, robots and new technologies. Such modernisation requires much lesser number of workers and workers who can handle the modern equipment, leaving many traditional workers jobless. Fenix Knitting Vietnam has announced closure of its plant to declare bankruptcy, rendering 220 workers jobless. It has to pay arrears and social insurances to workers.