Overcoming Employee Retention Challenges in Vietnam’s Garment Industry
Vietnam’s garment industry has been a pivotal force in the global textile and apparel market, emerging as one of the top three largest apparel exporters worldwide. In 2023, the industry achieved an export value of over $40 billion, and the forecast for 2024 aims even higher, with targets set at $44 billion. Despite this remarkable […]
Employee Retention in Bangladesh’s Garment Industry
As the heartbeat of Bangladesh’s economy, the garment manufacturing industry plays a vital role in the country’s development and its global reputation. Yet, despite its economic might, the industry grapples with a persistent challenge: employee turnover. Retaining skilled workers is no longer just a human resources concern; it’s a business imperative that directly impacts productivity, […]
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 […]
Why Textile and Apparel B2B Startups Are Failing: The Reality Behind the Struggles
The allure of the textile and apparel industry is undeniable. With its massive global market, there’s a perception that opportunities abound for those who enter the space. However, for every success story, there are numerous B2B startups in this sector that fail to make the cut. The reasons for this are multifaceted, but they all […]