“Vietnam’s Industry 4.0: Transforming Garment Manufacturing”
Introduction to Vietnam’s Garment Manufacturing Industry Vietnam’s garment manufacturing sector is a powerhouse driving the nation’s economy, contributing significantly to GDP and employment. In 2023, authorities raised the minimum wage for workers in Ho Chi Minh City to approximately $190 per month, up from $180 in 2022. This places Vietnam as a global leader in textiles […]
Beyond Stitches: Vietnam’s Apparel Industry Reinvented Through Digital Mastery
Vietnam’s apparel industry is a cornerstone of its economy, contributing over $40 billion in export revenue annually (Apparel Views, 2023). However, despite its impressive growth, many manufacturers in the sector have been slow to adopt digitalization, a key factor in enhancing operational efficiency and competitiveness. As global supply chains grow increasingly complex and buyer demands […]
Global Marketing for Vietnam’s Garment Industry
Vietnam’s Garment Industry: A Rising Star in the Global Apparel Market Vietnam’s garment industry has emerged as a major global player, now the world’s third-largest textile and garment exporter with revenue projected to hit USD 3.56 billion by 2024. This success stems from a skilled workforce, supportive government policies, and key trade agreements like CPTPP […]
Strengthening Bangladesh’s GMT Sector through Capacity Building
Vision 2030 for Bangladesh Gmt Sector $100 billion Considering our world’s reliance on fashion and sartorial expressions, have we ever reflected on the industry that propels it forward? Third-world countries like Bangladesh, known for their inexpensive labor, play a significant role in manufacturing these garments. Let’s dive deep into the intricacies of this industry in […]