International textile, garment exhibition kicks off in HCM City

The 16th Vietnam International Textile and Garment Industry Exhibition opened in Ho Chi Minh City on November 23.
International textile, garment exhibition kicks off in HCM City ảnh 1A garment factory of the Republic of Korea-invested Panko Co. Ltd in the Tam Thang Industrial Park in Quang Nam province (Photo: VNA)

Hanoi (VNA) – The 16th Vietnam International Textile and GarmentIndustry Exhibition opened in Ho Chi Minh City on November 23.

The event draws theparticipation of more than 400 agencies and businesses from 17 countries andterritories.

They bringup-to-date machinery and equipment to the exhibition, such as sewing machines,power looms, automatic fabric cutting and printing machines, garment materials,apparel and accessories.

Workshops ondomestic firms’ competitiveness and the future of Vietnam’s textile and garmentindustry will also be held as part of the exhibition, which will last throughNovember 26.

Vietnam’stextile and garment exports increased 4.8 percent year on year in the first 10months of 2016 to 23.3 billion USD, according to the National Garment andTextile Group (Vinatex). 

The country targets total overseas shipmentsworth 28-29 billion USD this year. 

The US is the top market for Vietnam’s textileand garment products with 10 billion USD, up 4.37 percent from a year earlier,followed by Europe with nearly 3 billion USD, up 2.46 percent.-VNA
VNA

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