VN garment companies are selling better abroad
2018-10-01 16:09:15 / VTG - Vietnam Int'l Textile & Garment Industry Exhibition
Exports of popular brands have raked in tens of billions of dollars each year – but with a population of 90 million, few firms are focusing on local customers.
Instead, more and more foreign labels are selling in Vietnam.
According to the Vietnam Association of Retailers, more than 200 foreign fashion brands are present in Vietnam, accounting for more than 60 percent of the market share from medium-end to high-end products.
After a year in the Vietnamese market, Hennes & Mauritz AB (H&M) - Swedish fashion firm – plans to increase the number of its stores to six next month.
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Source From: VietnamNet
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