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Updated Monday, September 6, 2010 10:40 pm TWN, Viet Nam News/Asia News Network Vietnam can exploit China's success to gain outsourcing orders: expertsThey predict that China will accept less outsourcing in industries using large numbers of workers, such as garments and textiles, and boost production of products with high added value. The low production-cost advantages it now offers are expected to fade as wages and the cost of materials increase. In the first eight months of this year, Vietnam earned nearly US$6.9 billion from garment and textile exports. Kiet said many customers selected Vietnamese instead of Chinese footwear because the quality was higher and prices lower. Subscribe to The China Post and save 25%. Click here |
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