Light Manufacturing in Vietnam: Creating Jobs and Prosperity in a Middle-Income Economy by Hinh T. Dinh

Author:Hinh T. Dinh
Language: eng
Format: epub
Publisher: The World Bank

Source: GDS 2011.

Note: Worker skills cover labor efficiency.

Figure 4.3 Cost of Key Production and Margin Items, Polo Shirts, China and Vietnam, 2010

Source: GDS 2011.

Note: The figure is based on the assumption that CMT (cut, make, and trim) producers in Vietnam graduate to full-service FOB (free on board) garment manufacturing; that the raw materials are provided from Guangzhou Province, China; and that there is a 30 percent markup. Admin OH = administration/overhead.

Table 4.1 Comparative Production Cost of a Polo Shirt, CMT Method, China and Vietnam, 2010

U.S. dollars

China Vietnam

0.33–0.71 0.39-0.55

Source: GDS 2011.

Note: CMT = cut, make, and trim.

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