knitting industry in Vietnam is booming at a very high rate so that it is now a major textile competitor in the international market. The country has been properly investing in circular knitting and environment friendly manufacturing enabling the country to be able to ship 20 percent more knitwear each year as compared to the previous year. Leveraging on the trade agreements that Vietnam has and the use of modern infrastructure by the manufacturers is meant to serve premium global brands.
The government is also collaborating with industry leaders in order to generate more sustainable forms of practice and up-skilling labor. The knitting industry in Vietnam is no longer merely a supplier as younger entrepreneurs come to the market and embrace digitalization, it is an innovation hub, a hub of ethical production, and a regional partnership.