Friday, April 26 2019

VietNamNews

Leading garment-makers to display goods at Hong Kong’s largest trade show

Update: April, 17/2019 - 08:57

HCM CITY — More than 30 leading Vietnamese manufacturers of garments, textiles, handicrafts and fashion accessories will be showcasing their products at one of Asia’s largest exhibitions to be held in Hong Kong at the end of this month. 

Goods to be displayed at the show include apparel, fashion jewelry, underwear, swimwear, bags, luggage, scarves, footwear and fabrics all under one roof.

The four-day Global Sources Fashion show will feature verified suppliers from major fashion manufacturing hubs, including Việt Nam, China, Hong Kong, Taiwan, South Korea, Bangladesh, India, Indonesia and the Philippines.

The exhibitors from Việt Nam include members of the Việt Nam Textile and Apparel Association (VITAS), Việt Nam National Textile and Garment Group, and Handicraft and Wood Industry Association of HCM City.

With over 1,800 booths, the fair is expected to welcome 12,000 buyers from 150 countries and territories, including the US, the EU, Hong Kong, Japan, Brazil, Mexico, Middle East, and South Africa, among others. 

The one-stop sourcing show is expected to witness growing participation from branded firms, including more than 500 exhibitors worldwide promoting their own designs and brands.

The event will also feature fashion parades and industry-related conferences, according to the organiser Global Sources. 

Phạm Thiết Hòa, director of Hồ Chí Minh City Investment and Trade Promotion Centre (ITPC), told Việt Nam News prior to the event that the centre was supporting most of the exhibitors from Việt Nam to participate in the trade show as part of its mission to help businesses in the city as well as attract more foreign investment to Việt Nam.

“Hong Kong is a major sourcing hub in Asia that helps connect buyers from the EU and the US and beyond,” he said. “Việt Nam has become a more attractive complementary garment and textile sourcing destination for buyers from around the world.”

This year the textile and garment sector has set a target of US$40 billion in exports, up 11 per cent year-on-year, according to VITAS.

The sector is expected to enjoy a trade surplus of $20 billion, and create jobs for around 2.85 million workers. 

Last year the sector earned $36 billion worth of exports, up 16 per cent year-on-year, making the country one of the three biggest exporters of textiles and apparel in the world. — VNS 


 

 

 

 

 

 

 

 

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