Vietnam: The Next Powerhouse in Global Apparel Sourcing
Download the White Paper and see why leading brands are moving their production to Vietnam.
Why Vietnam is Now a Global Sourcing Hub
Vietnam has become the world’s third-largest apparel exporter
With over 3,800 factories and exports reaching USD 44 billion in 2024, Vietnam now ranks third globally, just behind China and Bangladesh.
Backed by EVFTA, CPTPP, and RCEP, Vietnam offers access to over 50 global economies, positioning it not just as an alternative to China, but as the next strategic center of global apparel sourcing.
Vietnam’s Textile & Garment
Key Insights
About the Report — What You’ll Learn
$44B Export Value (2024)
Vietnam ranks among the world’s top three apparel exporters with record-breaking performance.
+11% Annual Growth
Steady year-on-year growth showcases Vietnam’s expanding role in global supply chains.
3,800+ Factories Nationwide
A nationwide network ensures flexible capacity and reliable production at scale.
Competitive Cost Advantage
Efficient labor systems keep production costs lower than many regional competitors.
Certified & Sustainable Production
Factories increasingly comply with global standards like OEKO-TEX, BSCI, and WRAP.
Strong Trade Access & Logistics
Free trade agreements and port infrastructure connect Vietnam to 50+ global markets.
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AboutFVSource
Market Entry | Sourcing | Outsourcing Manufacturing
FVSource is a leading sourcing and outsourcing agency based in Vietnam, committed to streamlining market entry and manufacturing across Asia. We combine strategic consulting with hands-on execution so that global brands can scale production without the overhead of building their own facilities.
What We Do
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Outsourcing Manufacturing: Scout, select, and manage factory partners so you can scale efficiently.
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Operational Services: Provide quality control, production oversight, and performance monitoring across the factory floor.
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Market Entry Consulting: Guide brands through regional expansion — from compliance and partner sourcing to logistics and sales channels.
FVSource Founders
Pietro Karjalainen CSO & CO-FOUNDER
Pietro is a manufacturing consultant with nearly three decades of experience in outsourcing manufacturing. Naturally curious, he quickly adapts to new situations and industries. His resilience and strong business acumen enable him to support clients effectively and identify the most suitable business models for them in new markets. Pietro first arrived in Vietnam in 2009.Guillaume Rondan CEO & CO-FOUNDER
Guillaume is a French entrepreneur with an engineering background who arrived in Vietnam in 2017 after several years across Southeast Asia. His adaptability to new environments enables him to lead and guide our clients in understanding and navigating Vietnam’s thriving manufacturing sectors, acting as the bridge between international companies and the nuances of this market.Ashley Le COO & CO-FOUNDER
Yen (Ashley) is a Vietnamese business development expert, educated in Finland, with a specialization in organizational consulting and business improvement. She has extensive experience in enhancing team performance and driving market expansion. She manages supplier relationships and leads both our team of sourcing consultants and QC.Book a Meeting with FVSource
Connect with our sourcing experts to explore tailored solutions for your manufacturing and supply chain goals in Vietnam.
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Steve Harrington
Project Manager
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Nancy Wheeler
Strategist
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Jonathan Byers
UX Designer
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Explore Our Case Studies
See how FVSource has helped global brands streamline production, reduce costs, and scale their sourcing operations across Vietnam and Asia.