Australia’s apparel imports have grown stably over the past five years and as apparel retail prices in Australia are much higher the imported ones, Vietnamese products have an advantage, a Vientnamese news agency report quoted Vietnam Textile and Garment Association (VITAS) vice president and general secretary Truong Van Cam as saying.
In 2017, Australia imported apparel worth nearly $9.32 billion, nearly $173 million of which was from Vietnam. Australian firms are reportedly focusing more on Vietnam due to more competitive workforce costs compared to those of China. (DS)
ALCHEMPro News Desk – India
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