Things look good for Vietnam’s clothing industry in the next few years. US fashion companies, in a 2015 US Fashion Industry Benchmarking Study by Quartz, are diversifying away from China and expect to make heavy investments in Vietnam. Source and charts below:
Quartz: fashion companies are starting to look beyond China for sourcing apparel
Source: http://atlas.qz.com/charts/4JKMrX3I
Source: http://atlas.qz.com/charts/4kBGXAoL
Source: Department of Commerce, chart by FIVETHIRTYEIGHT