A wide range of machinery and business solutions for textile and garment manufacturing chains were on display at the 17th Vietnam International Textile & Garment Industry Exhibition (VTG 2017), from November 22-25, in Ho Chi Minh City.
Held simultaneously with the Vietnam International Textile and Apparel Accessories Exhibition, the two expos featured 450 booths set up by 400 exhibitors from 17 countries and regions, including Australia, Bangladesh, China, Hong Kong, India, South Korea, Malaysia, New Zealand, Singapore, Sweden, Switzerland, Taiwan, Thailand, Turkey and Vietnam. Covering 12,000 sq.m at the Saigon Exhibition and Convention Centre, the event featured complete value chains for the textile and garment sector, including textile and apparel processing machines, sewing machines, digital printing machines and fabric dyeing machines, as well as accessories, fibres, filaments, yarn and fabrics.
Seminars held on the sidelines of the expos discussed various issues such as Vietnam's preparation for free trade agreements, the garment industry's ability to handle fast fashion, sourcing in the "Age of Trump", impact of China's BRI on Vietnam's textile and apparel industry.
According to the General Department of Vietnam Customs, Vietnam earned US$ 21.43 billion from garment and textile exports in the first 10 months of the year, a year-on-year increase of 9%, with exports to the US, Japan and South Korea enjoying good growth. Exports are expected to reach US$ 31 billion for the entire year, up 10% over last year.
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