Published on in “Business”, language — English. 40 pages.
Our ‘Cover Story’ unfurls how the unprecedented growth of international fashion brands in Vietnam have proved to be a convention for many other new international fashion giants to venture into the country, forcing the local brands to enhance their capacity to compete. Zara, H&M and Uniqlo have already consolidated their positions in the domestic fast fashion market in Vietnam. Also read the two-day sourcing event – the c (ASW) from the house of Apparel Resources (AR) tha More
The garment sector has always been one of the most significant contributors to Vietnam’s fast growing export-oriented economy – representing more than 15 per cent of the nation’s total GDP and 18 per cent of its exports. In spite of the data provided by the General Department of Vietnam Customs favouring exports of computers, electronic products and components by US $ 8.4 billion by May 2017, over US $ 5.6 billion last year, Vietnam’s garment business is fully geared to overcome the challenge. More