News Snapshot:
Vietnam apparels to win market share in US 15/04/2021 Among US’ leading suppliers of textile and apparel, China continues to lose its market share (33% in 2019 to 28% in 2020) while Vietnam is the largest gainer (13% to 15%). The Covid-19 pandemic and the US-China trade tension have created a turbulent business environment for the US fashion companies, resulting in changes in their sourcing strategies. In this regard, Vietnam has emerged as the first choice of the US sides to replace part of their Chinese sources, according to Viet Dragon Securities Company (VDSC). Among US’ leading suppliers of textile...
