Home to a population of over 92 million, Vietnam houses a thriving textile industry with manufacturers of almost every niche of clothing running businesses. The south-east Asian nation's textile industry is one of the largest globally, right behind China and Bangladesh, and has shown a remarkable potential to trump both its market competitors. The probability may soon become a reality, especially in a post-COVID world where most brands are choosing to move away from China and its facilities, amid rising labor expenses and a global dissatisfaction towards the Communist nation where the ongoing pandemic originated. Despite the slowdown caused by the rapid spread of the novel Coronavirus, Vietnam's textiles and apparel sector witnessed earnings of US$16.18 million, of which over US$ 13 million were from exports conducted in the first six months. It has even surpassed Bangladesh to become the world's second-largest textile importer, a laurel the country is confident it will carry for a long time to come.
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