NDO – The Hanoi Textile & Garment Industry - Fabric & Garment Accessories Expo 2019 (HanoiTex2019) opened in Hanoi on October 23.

The three-day event was jointly held by the Vietnam National Textile and Garment Group (Vinatex), Vietnam Textile and Apparel Association (VITAS) and CP Exhibition Hong Kong.

VITAS Vice Chairman Truong Van Cam said that the expo is one of the important events of the Vietnamese garment and textile industry which gathers advanced technology, equipment and accessories in the industry as well as the latest information to serve the Vietnam’s garment and textile industry.

According to Vinatex General Director Le Tien Truong, the expo covers over 5,700m2 with the participation of 179 suppliers from 15 countries and territories across the world such as China, the Republic of Korea, Germany, Italy, the UK, the US and others.

HanoiTex2019 will create conditions for Vietnamese garment and textile industry to learn and select modern and environmentally friendly equipment. The event will also provide an opportunity for enterprises to meet partners, promote their brands and seek business opportunities.

Deputy Minister of Industry and Trade Cao Quoc Hung said that the garment and textile industry has proved its significant role in generating jobs, ensuring social welfare, and contributing to the budget.

Vietnam is now ranked third in the world in terms of garment and textile exports with an export revenue of over US$36 billion in 2018 and an estimated export revenue of US$40 billion in 2029.

The industry has created jobs for more than two million people and continues to generate an additional 200,000 jobs each year.

Published On : 23-10-2019

Source : Nhan Dan