Related Keywords: 300, base for clothing production, come into spotlight, GDP per capita reaching $2, global fast fashion brands, low labor costs, one of the top five textile and clothing exporting countries, opening stores, rapidly growing economy, Vietnam known as a clothing producer, Vietnam purchasing than exporting, working with local companies
Vietnam has been widely known as a clothing producer rather a consumer. It is one of the top five textile and clothing exporting countries, with textile contributing about 10% of the country’s GDP due to low labor costs also its rapidly growing economy and GDP per capita reaching $2,300, Vietnam’s purchasing, rather than exporting, has come into the spotlight among the global fast fashion brands.
