Famous international retailers like Zara, Adidas, Nike, Calvin Klein, and others have long been drawn to Vietnam textile manufacturers. You will discover everything there is to know about the Vietnamese textile business in this essay, including where to find low-cost, high-quality suppliers.
1.Vietnam textile manufacturers’ advantages in the global textile industry
The benefits of exporting textiles to the international market are numerous for Vietnam textile manufacturers. Vietnam has a long history of producing textiles. It also contains a lot of inexpensive raw resources, knowledgeable labor, and cutting-edge machinery. Also, the Vietnamese government provides tax breaks and other advantageous policies to Vietnamese textile producers who export their goods abroad.
2. Vietnam textile manufacturers have access to low-cost, high-quality raw materials
Vietnam has a long history in the textile industry and a plentiful supply of native raw materials. China, the world’s largest provider of fabrics, is near Vietnam. As a result, Vietnam’s textile industry has access to low-cost, premium raw materials.
Vietnam is home to many well-known traditional craft villages as well as an abundance of fabric raw materials.
Vietnam’s textile producers employ inexpensive raw materials because China, which has the world’s largest supply of fabric materials, is next door and because China and Vietnam have a major and long-standing commercial relationship.
The aforementioned elements assist Vietnam textile manufacturers in monitoring and selecting their inputs with care, resulting in consistently high-quality final goods.
3. Vietnam textile manufacturers have skilled workers
More than 2.5 million individuals, or more than 25% of all workers in the processing and manufacturing industries, are employed by textile producers in Vietnam today. Vietnamese people are recognized for their rigorous attention to detail and diligent work habits.
Vietnam textile manufacturers employ highly competent workers. Vietnam has a long history of producing clothing, and the older generations have a wealth of knowledge to pass on to the younger ones. Huge craft towns were also established very early, assisting people in getting access to expertly made textiles.
Vietnam has a sizable workforce, which, along with the country’s high youth population, results in low labor costs. Although workers in Vietnam textile manufacturers are paid a pittance, they are highly skilled and have received extensive training.
4. Vietnam textile manufacturers have advanced machinery and technologies
To provide the best products for the market, Vietnam textile manufacturers follow stringent quality control and manufacturing practices. Modern equipment and tools are used by Vietnam textile manufacturers to boost output and raise the standard of their products.
Vietnam has a long history of producing textiles, thus its Vietnam textile manufacturers constantly update their products with new technologies.
Since the Vietnam textile manufacturers are so vital to the nation’s economy, the government of Vietnam consistently emphasizes the need of expanding and improving the machinery and equipment utilized by Vietnamese textile manufacturers.
To keep up with the high level of specialization in the industry, Vietnamese textile manufacturers invest in specialized equipment and technologies.
Vietnam textile manufacturers no longer require customers to come in person to inspect the merchandise.
5. Vietnam textile manufacturers have reasonable prices
Vietnam textile manufacturers are renowned for providing high quality at affordable pricing.
Vietnam textile manufacturers have access to inexpensive and plentiful raw materials. The raw material and accessory production for Vietnam’s textile industry is cost-effectively optimized, and input supply is reliable. Given that their manufacturing costs are lower than those of other countries, this is one of the reasons why Vietnamese textile manufacturers can offer products at reasonable prices.
Vietnam has a sizable young population, a vast labor pool, and low labor costs. Vietnam textile manufacturers are able to offer goods of outstanding quality at reasonable prices due to labor and production costs.
The Vietnamese government has also consistently provided support to textile and apparel producers. For any imported raw materials, textile firms in Vietnam are not required to pay import taxes.
Vietnam textile manufacturers are establishing their position in the textile and apparel sector by providing high-quality goods at reasonable prices.
6. Vietnam textile manufacturers are backed by government policy
Vietnam has a number of government initiatives that support and encourage textile producers to export their products.
The supplies imported by Vietnam textile manufacturers won’t be subject to taxes. It has been easier for Vietnam textile manufacturers’ products to penetrate foreign markets thanks to their participation in a number of trade agreements.
To increase the market for Vietnam textile manufacturers, the Ministry of Industry and Trade and the government also support and encourage trade promotion events, exhibits, and connections between domestic businesses and overseas markets.
Continuous free trade negotiations provide Vietnam textile manufacturers with tremendous opportunities to grow significantly on the international market and get access to nations like Canada and Australia. With advantageous tariff requirements and rules of origin, FTAs continue to actively support Vietnam’s textile and apparel exports.
Vietnam textile manufacturers are occupying a sizable portion of the worldwide market as a result of the Vietnamese government’s support for Vietnamese textile businesses in both production and export.
7. Vietnam textile manufacturers’s capacity to supply the global market
Vietnam textile manufacturers are becoming more competitive on the international market and are exporting more of their goods to more nations.
From the North to the South of the country, there are more than 5000 textile factories in Vietnam. There are 600-person factories that can produce 12 different product codes simultaneously. Frequently, such a space and labor only let the development of 2 or 3 product codes. Due to these advantages, Vietnam is the best country to choose from when placing an order for textiles.
Vietnam textile manufacturers are highly skilled, have cutting-edge machinery, and strictly adhere to the manufacturing schedules and procedures.
With shipments to 66 nations and territories, Vietnam textile manufacturers industry surpasses Bangladesh to climb up to second place after China in the global export rankings.
The US is one of Vietnam’s top export markets, accounting for more than 75% of all export revenue.
8. Vietnam textile manufacturers are producing for many big brands in the world
Some well-known multinational businesses, including Nike, Adidas, Uniqlo, and others, decide to work with Vietnam textile manufacturers.
Famous shoe brands like Nike, Adidas, and Puma choose reputable textile manufacturers in Vietnam like Vina Z Garment, Dony Garment, May 10..as their manufacturing partners and purchase about 30% of their production from these businesses.
Leading clothing stores Mango, Zara, Uniqlo, and H&M collaborate with various Vietnam textile manufacturers to place orders and purchase goods.
Even during the difficult period brought on by the unexpected impacts of the COVID-19 pandemic, big brands have been and remain intimately identified with Vietnam textile manufacturers. This is a result of ongoing improvements in worker skill levels and output levels, significant machinery investment, and the rapid growth of the textile manufacturing sector.
4. Vietnam textile manufacturers use the following techniques
Every Vietnam textile manufacturers follows a pre-established production line. Because they follow the set method, it is simple for them to produce high-quality items and identify errors fast. Each component is a crucial link in the chain that enables them to attain great production efficiency.
Each element of the process must be completed in its entirety, and the process components in Vietnam textile manufacturers must function properly together. They are not only connected, but they also rely on one another to ensure the caliber of the finished item.
Vietnamese textile producers have built up a mechanism to monitor production timeliness and speed. Among the most crucial managerial responsibilities are:
After receiving orders, create production plans based on those orders. Calculate the time and money needed to assure on-time delivery.
Throughout the production process, reports are made on the progress of each work. Assign a task to each department and staff.
Before sending the products to the consumer, check the items’ quality, design, and quantity.
Although each textile company and firm in Vietnam will have its own methods for making clothing, they are all essentially based on the phases outlined above. Businesses would benefit greatly from using this production approach, which is widely used in the textile manufacturing industry.
Guidelines for haggling with Vietnam textile manufacturers to obtain a favorable pricing
One of the most crucial phases for each retailer is contract negotiation with suppliers. But, because they lack the experience and courage to bargain, many who are just starting out find this to be a very challenging assignment.
Selection of Vietnam textile manufacturers: The first thing you need to understand is that the goods and services you are about to acquire are exactly what your clients will get. Because no one wants to lose their clients, be careful while selecting your Vietnam textile manufacturers. Your best ally will be a reputable, skilled, and competent Vietnam textile manufacturers who will help you win over your clients.
Never accept a Vietnam textile manufacturers‘s first offer: It does this because it quickly makes people think, “I could have done better,” and “There must be something wrong,” respectively. It might be challenging to decline an initial offer, particularly if you’ve been in contact with the person for months and are on the verge of giving up.
Quality and cost: While haggling with Vietnam textile manufacturers, always be ready for a different option that will boost your confidence. Occasionally, you have to feel sorry for the supplier if the price they are offering is quite excessive since you should keep in mind that quality and pricing go hand in hand. Above everything else, keep in mind that superiority should always come first. Avoid getting caught in the price trap too much!
To potential partners, demonstrate: You can effectively draw the opposing party’s attention and strengthen your position at the negotiation table by simply disclosing a little information about the upcoming events you are about to undertake. You’ll become a promising client for Vietnam textile manufacturers as a result of this.
You’ll undoubtedly notice from the list above that few of the actions call for specialized knowledge or abilities. These primarily result from your preparation and attention to what your partner says to you when you’re doing it. If you heed this advice, your talks will probably end more favorably, and you’ll learn more about the Vietnam textile manufacturers you work with.