Home / Knowledge / News / Apparel/Garments / Vietnam eyes selling apparel to Walmart in 2014
Vietnam eyes selling apparel to Walmart in 2014
02
Jan '14
The Vietnam Trade Office in the US will seek to persuade leading US retailer Walmart to source goods, including apparel, from Vietnam in 2014, Vietnam Industry & Trade Information Center said on its website Asem Connect.
 
Vietnam is hopeful of successfully persuading Walmart to source its goods from the Southeast Asian nation, following its success last year in persuading Kroger, the second-largest supermarket chain by revenue in the US.
 
In 2013, due to efforts of the Vietnam Trade Office in the US, Kroger inked a memorandum of understanding with some of the businesses in Ho Chi Minh City for supply of goods.
 
The Vietnam Trade Office is planning to approach Walmart and invite its representatives to take a tour of Vietnam in 2014, said Dao Tran Nhan, the Minister Counselor at the trade office.
 
Nhan added that the San Francisco branch of the Vietnam Trade Office plans to arrange a meeting between Walmart deputy president and local officials in Vietnam.
 
He informed that the trade office is also planning to invite Walmart’s merchandise manager to attend a trade conference in Vietnam.
 
Nhan, however, said that it would not be easy for Vietnamese manufactures to have their products on shelves at Walmart stores, as they would have to meet the strict requirements of the retailer.
 
Vietnamese businesses would have to meet Walmart’s stringent requirements related to product’s quality, origin, label, barcode, and safety and environment-friendly standards.
 
However, Vietnam’s clothing items are among the most likely products that would be able to enter Walmart chain, according to Nhan.
 
Walmart has 11,000 stores under 69 banners in 27 countries and e-commerce websites in 10 countries. With fiscal year 2013 sales of approximately US$ 466 billion, Walmart employs 2.2 million associates worldwide, according to the company’s website.
 

Fibre2fashion News Desk - India


Must ReadView All

Indian govt approves special package for leather, footwear

Textiles | On 16th Dec 2017

Indian govt approves special package for leather, footwear

The Union Cabinet chaired by PM Narendra Modi has approved a special...

EU parliament resolution calls for Cambodia sanctions

Apparel/Garments | On 16th Dec 2017

EU parliament resolution calls for Cambodia sanctions

Following the ongoing crackdown in Cambodia on the opposition and...

Affordable prices to be hit if US pulls out of NAFTA: NRF

Apparel/Garments | On 16th Dec 2017

Affordable prices to be hit if US pulls out of NAFTA: NRF

US retailers’ ability to offer consumers quality products at...

Interviews View All

Poojaa Kumar Deepak
Zeven

Zeven's performance sports apparel is designed for the Indian body type,...

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

December 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.6%
No
12.0%
Skip
18.5%

Total Votes: 92

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
62.0%
No
30.4%
Skip
7.6%

Total Votes: 92

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.0%
No
9.8%
Skip
3.3%

Total Votes: 92

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
81.5%
No
8.7%
Skip
9.8%

Total Votes: 92


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search