The abundance of skilled, educated and economical workforce in Vietnam is luring many investors to the country, like China, South Korea and Taiwan. The country is also expressing concern over growing pollution, especially from the dyeing industries, as several areas and provinces of Vietnam have vehemently refused to take up projects involving investment of US $ 100 million or more to avoid any kind of damage to the environment.
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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. 更多