Exhibitors from Vietnam, among the fastest growing manufacturing powerhouse in the world, display their top-quality selection at the Global Sources Fashion show, which runs from October 27 to October 30. Located in Hall 7 at the AsiaWorld-Expo in Hong Kong, the Vietnam Pavilion boasts 35 booths filled with attractive casual and formal wear, sports attires, suits for men and women, bags, jeans, jackets, accessories and more.
An industry in progress
Vietnam, situated in Southeast Asia, has been rapidly progressing in the global manufacturing industry in the past years. One reason, according to Sourcify, is the skills in labor of the Vietnamese workers. Employees, especially in hand assembly work, can offer high quality products. Vietnam’s strength in craftsmanship helps drive the country’s growing manufacturing business.
Specialty in apparel and bags
Products in the fashion department are one of the specialties of Vietnam companies. Per Stitchdiary, “Vietnam is an emerging giant in the global textile and apparel industry. Vietnam’s garment sector has seen speedy and sustainable development over the last few years which have played a crucial role in the country’s socio-economic development.” Vietnam holds the 4th spot among the world’s top garment-exporting hubs, next to China, the EU and Bangladesh.
It is estimated that there are more than 2 million workers to about 6,000 apparel companies. Furthermore, about US$69 million account for the revenue of the bags and accessories produced in Vietnam. The industry is expanding, and Global Sources brings these products to the trade show attendees.
A top choice for a manufacturing hub
Though Vietnam’s production capacity is
not as big as China, the former is still a top sourcing and manufacturing choice
by US exporters. Among these reasons are the lower labor costs, free
trade agreements and stable government in Vietnam. Situated closely at the
south of China, Vietnam’s strategic location reduces manufacturing costs and
production delays. Several cities in Vietnam are about only 800km away from
Shenzhen, one of China’s main manufacturing hubs. The country’s proximity to
regional shipping routes, long coastline, abundance of seaports and extensive
railway network help pave way for cargo transportation.
Check out these top finds form Vietnam exhibitors at the Global Sources Fashion show: