Backward Linkage in Vietnam
Introduction Vietnam’s garment industry has undergone a remarkable transformation in recent decades, emerging as a global powerhouse. Driven by factors like low labor costs and strategic free trade agreements (FTAs) (Vietnam Briefing, 2023), Vietnam has become a garment export leader. The sector boasts a workforce exceeding 3 million and contributes significantly to the national economy. […]
Strengthening Vietnam’s GMT Sector through Capacity Building
Vision 2030 for Vietnam GMT Sector $100 billion Vietnam’s $100 billion garment sector is on a promising trajectory, set to reach this ambitious milestone by 2030 according to VietnamCredit. McKinsey emphasizes the sector’s potential for sustainable growth, aligning with Vietnam’s net-zero goals. The digitalization drive, as outlined in VietnamNet, will further enhance efficiency and competitiveness. […]
Jute: From Humble Plant to Eco-Warrior
Imagine a world where grocery bags and packaging materials disintegrate harmlessly after use, leaving no trace behind. This eco-friendly vision is becoming a reality in Bangladesh, thanks to a remarkable natural fiber called jute. Jute, also known as “Golden Fiber,” is a fast-growing plant native to South Asia. Its strong, versatile fibers have been used […]
Methods for Expediting Supply Chain Transparency
Transparency in the supply chain in the garments industry is a rapidly growing trend. The complex network of global suppliers that apparel companies use to produce their goods is much less opaque than only a few years ago. Knowing factory details enables workers, labor organizations, human rights groups, and others to swiftly alert apparel company […]
Potential of Generative AI in India’s Fashion Landscape
Introduction The fashion industry in India is currently experiencing a significant transformation with the integration of generative artificial intelligence (AI). This transformation is marked by promising figures, with the market projected to soar to approximately USD 1,475.4 million by 2032, showcasing a remarkable growth rate from USD 69.0 Mn in 2022, growing at a […]