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 […]
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. […]