Vietnam

Vietnam could soon get more of its raw textile materials from India thanks to new financial incentives extended by the country. During a recent trade event, Vietnam’s envoy to India announced that India had extended a US$300 million line of credit to the country as a way to increase trading ties. Vietnam also says its trying to entice Indian investors to look at other textile sectors in Vietnam as well. Vietnam currently gets most of its raw materials from China. (Fibre2Fashion)