Business

The recently released Odlo’s sustainability report, among many things, highlighted that Vietnam’s imposing value share of 28.3 per cent made it the leading Asian supplier of the brand.

After a slump in 1990s, Nam Dinh is on the road to regrouping itself to yet again become an apparel hub though many feel there is still a long way to go.

The local authorities in Vietnam are cautious of taking up new textile projects, particularly dyeing projects, owing to risk of pollution.

Vietnam, despite all its resources and talent, struggles to find an exclusive trade show on apparels and fabrics.

The first eight months of 2018 saw the apparel and textile trade between Vietnam and India reach US $ 799 million, which is a significant increase of 35 per cent from the first 8 months of 2017.

Despite growing by leaps and bounds, English continues to remain the biggest handicap in Vietnam’s apparel and textile industry.

Coming out of woes that Vietnam experienced in H1 ’18, itsaw 2.44 per cent growth till July ’18 and shipped € 1,778.33 million worth of apparels in the European market.

Vietnam grew at a rate of 6.41 per cent between January to July period in 2018 only to falter in August when this growth rate came down to 5.85 per cent.

Team Apparel Resources met these accessory suppliers in Vietnam and discussed their strengths and strategies. Heng Fa Textile Co., Ltd. and 5S Interlining have managed to make a mark for themselves by playing upon their exclusive strengths.