Sunday, July 17, 2011

Bangladesh as one of the main competitors of clothing manufacturer in Vietnam

It is said that a large number of garment exporters are aiming at Bangladesh to do their business opportunities. In some recent years, knitwear and ready-made garments exports have accounted for approximately 80% of Bangladesh exports and made Bangladesh the 3rd in world textile exports. What makes Bangladesh a potential destination to establish a business on garment and textile is that the wages for workers in clothes factory is said to be lowest in the world (2010). On July 28, 2010, the minimum wage was announced to be about $43 a month.
 
However, there are still concerns about the ongoing energy crisis, security situation and unfriendly Government of Bangladesh which prevents exporters from making their final decisions to do business in Bangladesh.
 
Compared to concerns related to Bangladesh, clothing manufacturer in Vietnam is better because there are no riots in the factories and the workmanship is in the inherent talent for producing quality goods.

No comments:

Post a Comment