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Vietnam has potential to become world’s largest textile production hub

Related Keywords: access to seaport networks, competitiveness in global textile market, established supply chain, materials domestically sourced, ranks fourth globally in terms of size, rapid expansion stands chance to become worlds leading production hub, relatively large domestic market, Vietnam National Textile and Garment Group, Vietnamese textile industry

The Vietnamese textile industry currently ranks fourth globally in terms of size, behind textile giants China, India, and Bangladesh. With rapid expansion of textile industry, it stands a chance to become the world’s leading textile producer in the near future, said Le Tien Truong, general director of the Vietnam National Textile and Garment Group.

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