Vietnam'S Garment Processors May Disappear In Five Years.
Vietnam?
The garment processing company may disappear, because
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The cost of industry's remuneration is likely to reach US $500 in the next 3-5 years. Li Guoen, chief consultant of Vitas, said at the opening ceremony of the 2011 International Fashion Exhibition (VIFF).
At present, a worker in a textile company in Hu Zhiming can earn 6 million TMS a month, including allowances, benefits (such as insurance and bonus), while workers in other provinces can earn $200 a month.
Therefore, garment enterprises must find ways to cope with the rising trend.
remuneration
Cost, otherwise they will disappear.
At present, about 60% of the textile and clothing companies are two level contractors, Li Guo said.
The vice president and Secretary General of Vietnam textile and Apparel Association suggests that clothing companies should turn from their current two level contractors to manufacturers so as to survive in the market.
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