Textile and clothing enterprises have entered the Southeast Asia market gradually. Vietnam has more advantages in power supply and human cost. The tax and policies of Southeast Asia has more advantages and are attracting more and more domestic textile & clothing enterprises.
At present, the textile from Vietnam, Cambodia and other Southeast Asia countries to the EU is only in 2%-3% import duties, but China is about 12%.
In recent 3 years, about 10%-15% of textile and apparel product order loss to Southeast Asian countries.
Written by Dora Men
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