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Lakme Fashion Week Autumn/Winter 2010

BharatTextile.com ť Market Reports News ť VIETNAM: China's new production base is Vietnam

VIETNAM: China's new production base is Vietnam

China's new production base is Vietnam because of many favourable factors.

Vietnam has tremendous growth in output value and profits, many of Taiwan's textile enterprises has moved their investments from china to Vietnam due to high labour cost, strict enviromental laws and regulations in china. Vietnam's entry into the world trade organization last year, low labour cost due to adundant population, highly skilled labours made it more preferrable for foreign investors.Many Taiwan-based fabric and garment manufacturer, started investing in Vietnam several years ago...

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