Vietnam: The Rising Star (Beyond Just Nike Shoes)

Strengths:

• Fastest-Growing Apparel Exporter – Surpassing Bangladesh in some categories.
  
• Strong in Footwear & Sportswear – (Nike, Adidas, Puma factories).
  
• Free Trade Deals – EUVFTA, CPTPP (low tariffs to EU/Canada).
  
• Better Infrastructure – Ports & roads more reliable than Bangladesh.

Key Considerations:

• Best for: Footwear, athleisure, technical outerwear.
• Watch out for: Fake suppliers (many trading companies pretend to be factories).
• Emerging Trend: More high-tech manufacturing (smart textiles).