A method for manufacturing a deodorant and antibacterial protective cloth includes: providing a first fiber thread and a second fiber thread, where the first fiber thread is a core-spun yarn formed by a blended slurry, a nano metal solution, a plurality of inorganic particles, and a plurality of thermoplastic polyurethane colloidal particles, the thermoplastic polyurethane colloidal particles are hot melted and then wrapped around a peripheral side of a core thread of the core-spun yarn for isolation from an outer wrapping layer of the core-spun yarn, and the second fiber thread is the same as the first fiber thread or is a single-thread yarn formed by the blended slurry and the nano metal solution; and intersecting and laminating the first fiber thread and the second fiber thread to form a plurality of bonding layers.