The fifth Vietnam International Knitting and Garment Industry Exhibition opened yesterday at the HCM City International Exhibition and Convention Centre in Tan Binh District.
A total of 175 companies from America, Europe and Asia are showing machines, parts and accessories, fibres and chemicals used in the industry at the event that lasts until Saturday, according to the organisers.
Hong Kong’s Tung Shin and Vietnam’s Viet Tien Garment Co display industrial sewing machines supplied by the world’s leading manufacturers at 32 booths.
Organising committee member Pham Quynh Giang said more products and models were on snow this year with exhibitors keen on tapping Vietnam’s garment and textile industry, whose exports have grown strongly for years.
Most of the Asian exhibitors come from Vietnam, Japan, South Korea, China, Hong Kong, Singapore, Malaysia, Thailand and Taiwan.
The 15 companies from Seoul have a common booth, and Taiwanese exhibitors congregate at their own section at the exhibition organised by Vietnam’s Vinexad Saigon and Hong Kong’s Paper Communication, and Yorkers Trade and Marketing Service.
Vietnam reported revenue of US$4 billion from exporting textiles and garments from January to October. By the end of the year, the country expects the revenue to reach between US$5.2 billion and US$5.6 billion, up from US$4.2 billion last year.