Vietnam Manufacturing Guide

Vietnam is quickly emerging as a top choice for global manufacturing, especially in textiles, electronics, and footwear. With a skilled workforce and competitive labor costs, Vietnam is becoming an attractive alternative for brands seeking efficiency and quality.

In addition to its economic advantages, Vietnam benefits from several free trade agreements that open doors to key markets, including the U.S. and the EU. These agreements provide tariff reductions and simplify customs processes, making it easier for businesses to operate and expand internationally.

Ready to see how Vietnam’s manufacturing sector could benefit your business? Read our latest blog to explore Vietnam’s investment incentives, production capabilities, and the strategic advantages that make it a growing global manufacturing hub.

International Container Shipping Rates

The Drewry WCI composite index dropped 4% to $3,095 per FEU, 70% below its pandemic peak but still 118% higher than pre-pandemic levels. Freight rates from Shanghai to major destinations fell up to 7%, while rates from Rotterdam to New York surged 28%, with further marginal declines expected in ex-China rates.

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Ecommerce on Tap

• Make-to-Order Brilliance: By employing a make-to-order model, Knot Standard minimizes inventory risk and offers extensive customization, allowing them to provide a wide range of unique SKUs without holding excessive stock.

• High-Quality Collaborations and Customization: Partnering with prestigious fabric mills like Loro Piana and Holland & Sherry, Knot Standard offers traditional and innovative fabrics, including athleisure materials, ensuring top-notch quality for their customers. They also leverage technology with virtual appointments and AI tailoring.

• Strategic Business Moves and Tech Focus: Their recent sale of the DTC business to Billy Reid reveals a strategic shift towards a tech-centric approach, enhancing their AI tailoring capabilities and simplifying investment. This move opens up opportunities for tech-driven growth and partnerships.

Tune in to this episode of Ecommerce On Tap to explore Knot Standard’s unique approach to combining traditional tailoring with cutting-edge technology. Feel free to share your thoughts and feedback!

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