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Thursday, 25-6-26 16:26:18

Economics

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More than 1,000 businesses join Saigon Tex 2017

 The Vietnam Saigon Fabric & Garment Accessories Expo (Saigon Tex 2017) will open at Saigon Exhibition and Convention Centre on April 5. It is sponsored by the Ministry of Industry and Trade and VINATEX.

The event is expected to attract more than 1,065 businesses from Vietnam and 24 countries including China, India, Hong Kong, Indonesia, Malaysia, Singapore, Thailand, Japan, the Republic of Korea (ROK), Thailand, Pakistan, Canada, Belgium, France, Germany, Italy, the Netherlands, the UK and the US.

On display will be latest garment, textile and dyeing machines and equipment, and equipment for business management and development.

Saigon Tex 2017 will create conditions for Vietnamese garment companies to access advanced machines, equipment and technology to improve their quality of products.

The domestic garment and textile industry has constantly developed in recent year. In order to get US$28-30 billion from exports, the industry needs to import nearly US$10.5 billion of materials for production, mainly from China, Taiwan and the ROK.

Truong Van Cam, vice secretary general of Vietnam Textile and Apparel Association (Vitas), said the domestic businesses have invested more in modern technologies and equipment to raise productivity and reduce labour forces.

 

VOV

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