HO CHI MINH CITY-BASED KNITWEAR COMPANY CONFIDENT OF EXPANSION, BUT FEARS RISING COSTS
October 1st, 2016
EXECUTIVES at a Vietnam knitwear company have told WTiN.com that while it has expanded production because of increased exports, if costs continue to rise in this south-east Asian country – the company is prepared to move production overseas.
Over the last roughly 30 years, Thai Son S.P. Co., Ltd., a family-run apparel company located in Ho Chi Minh City (HCMC), has expanded significantly. According to Sim Thai Ha Phuong, Thai Son’s vice director, in 1989 the company only operated a small facility in the city’s Binh Thanh district.
About 10 years ago, Thai ...
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