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Prospects for the textile and garment industry in Vietnam, December 2012
published in Issue 159, December 2012
Vietnam has become the second largest source of foreign textiles and clothing in the US market and has established a strong presence in the Japanese and European markets, especially for clothing. Also, the textile and clothing industry in Vietnam is the largest manufacturing sector in the Vietnamese economy. Success in the industry has been assisted by the country's industrious and talented workforce, low labour costs and increasing access to international markets, especially in the USA and Europe. The industry's development has also been helped by the growth of the private sector and the introduction of foreign investment incentives by the Vietnamese government. Looking ahead, the government has established a number of ambitious targets for the country including the achievement of developed nation status by 2020. In the textile and clothing industry, the government's aim is to shift from commodity type products towards the manufacture of high added value fashion items. This report looks at the development of the textile and clothing industry in Vietnam, its size and structure, and production and consumption. The report also features: a geographical, political and economic profile; a detailed look at the country's imports and exports; a review of government policies, investment incentives and foreign investments; an analysis of strengths, weaknesses, opportunities and threats (SWOT); and a look at Vietnam's infrastructure and human resources and how these affect the textile and clothing industry.
Six times a year, Textile Outlook International provides up to 200 pages of intelligence, expert analysis and insight on the global textile and clothing industry.
What's in it? Each issue provides an authoritative source of information on key industry topics, including: circularity; cotton; environmental sustainability; fibre prices; innovation; production and consumption forecasts; imports and exports; industry giants and emerging brands; international trade fairs; key geographical markets; recommerce; retail; supply chains; textile and clothing trade; textile machinery; trade and production trends; world markets; and yarn and fabric manufacturing.
A single issue of Textile Outlook International includes:
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