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2020-03-11 11:06:55SoutheastAsia is playing an extremely important role in textile and apparel industry.SEA has Strong comparative advantages for manufacturers (market access, lowlabor costs, investment incentives and existing industrial basis). In themeanwhile, rising wages, unskilled labor force and international completion arethe main challenges. Textile and Apparel Industry is developing rapidly inVietnam, Myanmar, Cambodia, Bangladesh, India and other countries in Asia,among which Vietnam is the leading country with rapid growth. Vietnam exports appareland textile products to 180 countries. Forecast shows the local textile andgarment industry will maintain high growth potential until 2035 with anestimated export turnover of about US$200 billion.
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