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Day: November 16, 2024

Vietnam’s garment manufacturing sector sees significant year-over-year growth, October

the-shiv November 16, 2024

Of note, Vietnam’s garment sector is benefiting from increased international orders and favourable trade conditions. However, sustaining this growth may require addressing challenges such as supply chain dependencies and rising production costs, particularly in a global market where sustainable and ethical production practices are becoming increasingly important to buyers.

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Vietnam’s manufacturing leads October’s FDI influx with substantial growth year-to-date

the-shiv November 16, 2024

The steady influx of foreign capital into manufacturing reflects Vietnam’s appeal as a regional industrial hub, offering a cost-effective environment for companies looking to establish or expand operations within Southeast Asia. This trend can be attributed to a number of factors including Vietnam’s competitive workforce, strategic location, and favourable government policies tailored to support foreign manufacturing operations..

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