17:07 | 31/03/2016 Trade
More than 1,000 enterprises from 24 countries worldwide flocked to Ho Chi Minh City to join the 28th Sai Gon Textile and Garment Industry Expo (Saigon TEX 2016) which opened in the city on March 30.
A booth at the exhibition - Photo: VGP/Lê Anh
The exhibition creates a golden chance for domestic garment companies to foster relations and investment oppertunities with foreign enterprises, while enhancing technology transfer to increase the rate of locally made content within garment products.
Along with exhibiting products to potential foreign partners, Vietnamese businesses have a chance to view advanced technology used in the garment and textile industry, so as to orient their new technology investments.
Addressing the event, Vice Chairman of the municipal People’s Committee Le Van Khoa highlighted that the garment and textile industry is among the key economic sectors in Vietnam and Ho Chi Minh City in particular.
He underlined the importance of cooperation with the world’s top providers of garment equipment and materials, as the country is eyeing to become one of the five largest garment exporters in the world.
An array of activities are scheduled at the exhibition, including talks and forums on measures to increase garment supply chains between support enterprises and garment producers, as well as trade remedies for the textile-garment sector.
The exhibition, jointly held by the Vietnam National Textile and Garment Group (Vinatext), VCCI Exhibition Services Company (Vietcham Expo) and CP Exhibition Hong Kong, will run until April 2./.