Speaking at a press conference in Hanoi on Nov. 11, the Deputy General Director of the Vietnam Garment and Textile Group (Vinatex), Le Tien Truong, said that in addition to strengthening the relationship between domestic and foreign enterprises, the fair aims to achieve the garment and footwear sectors’ goals in the domestic market in the context of increasing competition in the global market.

The latest garment and footwear fashion products will be displayed at the fair’s 300 stalls. Of particular note is a new collection of designer spectacles showcased by the Global Optic JS Company.
A number of seminars regarding the development of the domestic market and solutions for the garment industry will be held during the fair, which takes place annually in Ho Chi Minh City in July and in Hanoi during November.

Garments have traditionally been considered one of the country’s key export staples with an average annual growth rate of 32 percent. In the past ten months, garment export turnover reached US$7.64 billion, representing a 20 percent increase over the same period last year. The figure is expected to hit US$9.5 billion by the year-end.

In 2007, Vietnam was listed in the world’s top 10 garment exporters and the country has set a target of being named in the top five by 2015.