Industry Overview in Vietnam

Industry Overview in Vietnam

the major export product

According to the latest figures from the General Department of Customs, until February 15th, 2016, there are 4 groups of export goods which achieve turnover value from $1 billion or over. Those items include telephones and components; textiles; computers, electronic products and accessories, and footwear.

trade sector

 

 Textiles and garment

Textiles and garment is one of Viet Nam's most important export sectors. With over 2 million workers, about a quarter of all industrial employment, the textiles and clothing industry represents a key source of industrial employment, especially for women, and is a leading industry for overall growth and industrialization. Although Viet Nam faces discriminatory market access conditions in some markets, its export performance in this sector has been impressive. Viet Nam's exports of clothing are almost entirely in the form of sub­contracts to foreign firms.

 

INCORPORATION IN VIETNAM

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