Textile expo opens in HCM City

Nov 22nd at 08:59
22-11-2018 08:59:50+07:00

Textile expo opens in HCM City

A wide range of technologies, equipment, products, and services used in the textile and garment industry are on display at the 18th Vietnam International Textile & Garment Industry Exhibition (VTG 2018) and the Vietnam International Textile and Apparel Accessories Exhibition (VitaTex), which opened on Wednesday in HCM City.

 

They feature more than 500 exhibitors, including 100 brands from 13 countries and territories: Bangladesh, mainland China, Germany, Hong Kong, India, Indonesia, Japan, South Korea, Malaysia, Singapore, Taiwan, Turkey and Viet Nam.

Bao Lun, Hefeng, Richpeace, Sanxin, Tajima, and ZSK are displaying their latest embroidery machines, Bihong, Grafica, Han-Bond, Heinz Walz, Sansin, and Sulfet their printing machines, Beworth and Silk Road their latest flat knitting machines, and Van Su Loi its laser machine.

Many sewing machines brands from mainland China and Hong Kong such as Adler, Leman, Siruba and others are also present at the expo.

A number of seminars will be held on the sidelines on issues like the US - China trade war, a study of effective competitive strategy of garment company in Viet Nam, solutions for saving energy in the textile industry, automation, digitalization, and challenges facing the Viet Nam textile and garment industry.

VTG 2018 and VitaTex are being held concurrently with the Vietnam International Footwear Machinery and Material Exhibition and the 8th Asia International Dye Industry, Pigments and Textile Chemicals Exhibition (InterDye Asia 2018) at the Saigon Exhibition and Convention Centre until Saturday.

According to the organisers, the garment and textile and footwear industries are two major export earners of Viet Nam and have great potential for further development thanks to the nation’s participation in many FTAs and advantages in terms of manufacturing and labour.

Viet Nam earned US$19.4 billion from garment and textile exports in the first nine months of this year, a year-on-year increase of 15 per cent, with the US, Japan, South Korea and China being the biggest markets.

Nguyen Van Khanh, deputy chairman of the HCM City Footwear Association, said: “Leather and footwear exports are expected to increase by 10-14 per cent this year to over $16 billion, meeting the export target.”

Businesses in the field have full order books for this year, he said.

Many companies from China, Japan and South Korea want to invest in the leather and footwear industry in Viet Nam, he said.

The expos are organised by Vinexad National Trade Fair & Advertising JSC, Yorkers Trade & Marketing Service Co Ltd, Guangdong Sewing Equipment Chamber Commerce and Paper Communication Exhibition Services, and the Hong Kong Apparel Machinery Association.

bizhub



NEWS SAME CATEGORY

VN looks to promote franchise market

The Ministry of Industry and Trade (MoIT) has licensed 17 foreign enterprises specialising in franchises to operate in Viet Nam so far this year, according to...

Vietnam becoming Samsung’s global R&D headquarters

Samsung, with its huge investment, has turned Vietnam from a manufacturing complex into the global headquarters of its research and development (R&D) activities.

Pharmaceutical market abuzz with activity

The local pharmaceutical market registers robust performance in the wake of growing M&A deals and outsiders’ new ventures into drug store chain launching.

SK Energy becomes a major investor in PV Oil

SK Energy Co., Ltd has become a major investor in PetroVietnam Oil Corporation (PV Oil) after the South Korean company completed the purchase of an additional 3.55...

Vietnamese goods increase presence in Singapore

Vu Thi Thanh Hanh, general manager of Learth Viet Nam Co Ltd, said sales of her company’s VietJoy leaf tea products were very good three months after they entered...

Four key industries in HCM City see positive growth

HCM City’s Index of Industrial Production (IIP) in the first 10 months of the year increased by nearly 8 per cent compared to the same period last year, propped up...

Fruit-exporting Vietnam spends over $1.4bn buying fruits, vegetables in ten months

While fruit and vegetable is always among Vietnam’s top export earners, the Southeast Asian country still spends a whopping amount of money on imports of farm...

PTSC to supply floating storage for Sao Vang-Dai Nguyet gas project

PetroVietnam Technical Services Corporation (PTSC) has won a contract to supply a floating storage and offloading (FSO) system to a project being developed in the...

Central province aims to commission solar power plants next year

The central coastal province of Khanh Hoa is striving to bring the solar power plants in its territory to operation in 2019, according to local authorities.

Protecting lives and assets with intumescent coatings

The increase in the use of steel as construction material has led to enhanced flexibility in design as well as significant time savings in the construction...


MOST READ


Back To Top