Over 500 companies join int’l exhibition Saigon Tex 2014
(VOV) - More than 500 companies from 22 nations and territories around the globe attended the Vietnam Saigon Fabric and Garment Accessories Expo 2014 (Saigon Tex 2014) which opened in HCM City on April 10.
On display at the exposition were the latest in fabrics, equipment and components for the Vietnamese and region’s fabric and garment sectors.
The event offered an opportunity for garment and textile businesses to get an up close look at advanced nations’ modern equipment and speak directly to the manufacturer’s representatives on detailed product specifications.
It also provided a great occasion for businesses to establish new business contacts and seek cooperation partners to promote their businesses and establish alternative supply channels.
Last year, Vietnam’s garment and textile sector posted a high growth with export turnover reaching US$20.4 billion, up 18% from the previous year.
The sector is likely to achieve export target of US$25 billion by 2020. At present, the Vietnamese Government is speeding up Trans-Pacific Partnership (TPP) agreement negotiations and other important Free Trade Agreements (FTAs).