According to Vietnam’s Ambassador to Bangladesh, both countries have the scope to complement each other in the development of the apparel industry to reap mutual trade benefits.
Bangladesh and Vietnam are competitors in the apparel trade and both are on top in apparel exports after China. Vietnamese Ambassador to Bangladesh Pham Viet Chien stated this when he visited the office Bangladesh Garment Manufacturers and Exporters Association. He discussed various issues with the office bearers of the association pertaining to the apparel industry of both countries.
Besides analyzing current market situations, global trends, and opportunities they discussed the action taken by both countries to address these challenges. The issue of possible avenues of collaboration and cooperation in the apparel sector also came under discussion. They agreed to benefit from the unique experiences of each country in the apparel sector.
Bangladesh has recently been focusing on diversifying from low-priced basic apparel items to high-end products. It has ventured into especially manmade fiber-based garments, which Vietnam has since long been in. Its experience could be shared. vast experience and could share their expertise. The Vietnamese could be guided by the Bangladesh apparel sector in areas of workplace safety and environmental sustainability.
Also, that came into the discussion was the interaction between designers and technical experts. This could be facilitated through the exchange of faculties and students to develop knowledge and skills that benefit both countries.