Vietnam garment exporters have listed as a leading exporter of garments in the world. However, the issue which is still the concern of most clothing factories in Vietnam is the raw materials required for producing high quality products including cotton yarns and fabrics. The amount of these raw materials which are from domestic firms are not enough to supply the demand of Vietnam clothes manufacturers.
Understanding this issue of Vietnam garment exporters. Indian textile firms have made an offer to many Vietnam garment factories to supply any kind of raw material used in textile and garment production of Vietnam clothing factories.
Understanding this issue of Vietnam garment exporters. Indian textile firms have made an offer to many Vietnam garment factories to supply any kind of raw material used in textile and garment production of Vietnam clothing factories.
In recent years, the imports of cotton textiles form India to Vietnam clothes manufacturers have considerably increased, say $50 million in 2010.
In the first four months of this year, not concerning about the fluctuation in the price of cotton, the trade amount between India and Vietnam in all sectors reached $1.26 billion and predicted to reach $4 billion by year-end.
Currently, India is one of main competitors of Vietnam garment exporters. However, this offer to work in coordination is supposed to help in utilizing the competitive advantages of both India and Vietnam clothes manufacturers towards mutual benefit.
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