VIETNAM’S MIDDLE CLASS SEEKS BETTER QUALITY, WIDER VARIETY IN LOCAL TEXTILE MARKET
September 1st, 2017
AS the growth in Vietnam’s middle class generates wealthier and more educated consumers in this country with a population of 95 million, growing domestic demand for locally-produced fabrics is pushing the country’s textile industry away from focusing entirely on exports.
While demand for inexpensive, imported clothing still exists in Vietnam, even cost-conscious consumers are beginning to seek out new styles and better quality in their fashion purchases, market traders have told WTiN.com. At Ho Chi Minh City’s (HCMC) Saigon Square, a shopping complex known ...
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