Why fashion brands choose to produce in Vietnam?
Home to a population of over 92 million, Vietnam houses a thriving textile industry with manufacturers of almost every niche of clothing running businesses. The south-east Asian nation’s textile industry is one of the largest globally, right behind China and Bangladesh, and has shown a remarkable potential to trump both its market competitors.
The probability may soon become a reality, especially in a post-COVID world where most brands are choosing to move away from China and its facilities, amid rising labor expenses and a global dissatisfaction towards the Communist nation where the ongoing pandemic originated.
Despite the slowdown caused by the rapid spread of the novel Coronavirus, Vietnam’s textiles and apparel sector witnessed earnings of US$16.18 million, of which over US$ 13 million were from exports conducted in the first six months. It has even surpassed Bangladesh to become the world’s second-largest textile importer, a laurel the country is confident it will carry for a long time to come.
So if you are searching for a reliable supplier for your clothing manufacturing needs, look no further for you have zeroed in on the right destination. You can get a wide variety of items manufactured in the country, and the list includes, but is not limited to –
Casual wear
Formal wear
Innerwear
Sportswear
Shirts and tops
Trousers
Children’s clothing
Home and furniture textiles
Uniform – Workwear / Protective clothing.
Technical wear
Labels
Yarns
All kinds of bags
Backpacks
Caps and hats
Footwear
Source: https://www.globenewswire.com/