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What can Bangladeshs RMG sector learn from Vietnam Insights from Akib Rahman, Director, HAMS Group

Akib Rahman, Director, HAMS Group gets candid with Apparel Resources and talks about what learnings Bangladesh should take from Vietnamu2019s textile industry, including production efficiency, R&D investment, FTAs, product diversification, strong supply chains and more.<br>

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What can Bangladeshs RMG sector learn from Vietnam Insights from Akib Rahman, Director, HAMS Group

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  1. What can Bangladesh’s RMG sector learn from Vietnam? : Insights from Akib Rahman, Director, HAMS Group Akib Rahman, Director, HAMS Group gets candid with Apparel Resources and talks about what learnings Bangladesh should take from Vietnam’s textile industry, including production efficiency, R&D investment, FTAs, product diversification, strong supply chains and more. Vietnam’s garment industry is growing fast and it’s a wake-up call for Bangladesh to pull up its socks and set our house in order. Vietnam would soon surpass Bangladesh to become world’s second-largest garment exporter. As the saying goes, your competitor is your best teacher. We therefore need to learn important lessons from Vietnam to stay competitive and keep growing. Productivity, Innovation and FTAs drivinggrowth One of the biggest differences between us and Vietnam is productivity. Their workers are more efficient because they invest heavily in education and skill development. Even though Vietnam’s garment industry only two million workers, compared to our four million, their export value is nearly the same as ours. That’s a clear sign that efficiency matters. The reason for our low productivity is lack of training, low wages and poor working conditions. garment industry has If you want to read this and other Fashion and Apparel Industry articles, Apparel & Garments News, Apparel Industry updates related news Click here: - apparelresources.com

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