lower labour costs

Vietnamnet global

Are foreigners cornering Vietnam’s clothing and textile market?

Vietnam’s clothing and textiles industry has recorded average annual growth of 15% over the past five years and experts anticipate this trend to continue in the near term with gross export revenue reaching a record high US$30 billion

Vietnamnet global

Vietnam grows more attractive to foreign investment

VietNamNet Bridge – China has lost its competitive edge as a low-cost manufacturing hub with producers of everything from handbags to clothing to basic electronic components relocating to Vietnam economists at Savills said recently

Vietnamnet global

Footwear makes inroad into US market

VietNamNet Bridge – Sales to the US market is the aim of the Trans Pacific Partnership (TPP) agreement as Vietnam has already signed bilateral or multilateral free trade pacts with most of the other parties involved in the negotiations.