Hu Zhiming Holds The Tenth Vietnam International Textile Fabric Exhibition

Exhibition hall: SECC Xigong International Exhibition Center, Hu Zhiming

Address: 799 Nguyen Van Linh Parkway, Tan Phu Ward, Dist., 7, HCM City, Vietnam

Sponsor: Vietnam Ministry of trade and industry, Vietnam

Taiwan Zhan Zhao company, Yorkers Trade & Marketing Service Co., Ltd.

Support: Vietnam Ministry of planning and investment, Ministry of science and technology, Ministry of natural resources and environment, textile and Garment Association, Machinery Association

Scope of exhibition: yarn and fiber, garment fabrics and accessories (woven / knitted), household

Same time: the eighth Vietnam International Textile and garment industry exhibition textile and garment machinery and equipment and accessories: spinning, weaving, knitting,

Exhibition area: about 10000 square meters.

The number of spectators: 11675 people (2008), 85% of the domestic audience, and 15% of the overseas audience, from South Asia and other countries, such as Bangladesh, India, Singapore, Thailand, Indonesia, Pakistan and so on.

Market Overview: [Vietnam cloth and ingredients market has great potential]

As Vietnam formally became a member of the World Trade Organization WTO in January 1, 2007, Vietnam's target will become the world's top 10 garment exporters in the future. The government will continue to vigorously develop textile and garment industry and related industries.

In Vietnam, as foreign or wholly owned garment enterprises can only temporarily supply the 20-30% of domestic high-grade cotton fabric, Vietnam garment industry is committed to increasing exports to the United States, Europe, Japan and other places, and the local demand for cloth quality is high. Therefore, domestic garment manufacturers are eager to explore and develop a large number of imported cotton materials market.

Because the price of imported cloth is reasonable and quality is good, Vietnamese producers can import fabrics temporarily for export after production. (the government will refund the import tax).

Imported fabrics, especially high count cotton, are very popular with exporters.

At present, the average number of fabrics in Vietnam is 40-50, but better cloth or yarn will be imported.

Although the producers can import better yarn to produce their own products, Vietnam's domestic cloth is generally 20% more expensive than the imported fabric made by the exporters of garments, and the import duty of the yarn is 20%.

It can be seen that this is a very good business opportunity for the production of knitting machinery and cotton materials manufacturers.

China is the largest supplier of Vietnam. Now China imports large quantities of cloth products to Vietnam, and cloth has become the fourth Chinese export Vietnamese product.

The textile and garment industry in the lower reaches of Vietnam is very developed, and the amount of cloth imported from China is also high. Nylon and knitted fabrics are the most expensive parts. The former is mainly used for Vietnamese footwear, raincoats and umbrellas, while the latter is mostly for the local clothing industry.

In terms of fiber (spinning) products, China also exports a lot to Vietnam, which is second only to cloth.

Knitted fabrics have also been the focus of many garment manufacturers who plan to develop the American market.

As is known to the US market, orders are mostly higher than knitted products.

Vietnam's knitted fabric market will be very attractive and explosive.

This shows that the production of knitting machinery and cotton manufacturers will face a very good business opportunities.

Thanks to the rapid development of the textile industry, Vietnam has become one of the major exporters of garments in the world.

In 2004, Vietnam's textile and clothing exports exceeded US $4 billion 300 million, and in 2010 we could reach US $80-90.

Our booth is limited and follows the principle of "first come first served". Therefore, we invite all Chinese exhibitors to make reservations as soon as possible.

Vietnam's textile and garment industry needs a large number of imported equipment and raw materials.

In response to the opportunities and challenges facing Vietnam's textile industry after joining the World Trade Organization (WTO), and the rapid growth of garment exports driven by quota restrictions imposed on clothing exports from the United States, Vietnam textile and Garment Corporation will reinvest US $2 billion from 2006 to 2010 for textile machines, braiding machines, washing and dyeing machines, sewing machines and comprehensive brazing plant equipment.

The Vietnamese government plans to build 11 textile and garment industrial parks in 11 provinces and cities in Haiphong, North Ning, Xin'an, Taiping, Qinghua, Da Nang, general, Pingyang, longan, Can Tho and other provinces by 2010 respectively.

At present, three parks in Xin'an, Pingyang and Da Nang are under construction and have begun to take shape.

By 2010, Vietnam plans to produce 80 thousand tons of lint per year, 120 thousand tons of roving, 300 thousand tons of yarn, 1 billion 400 million square meters of finished goods and satin, 500 million knitted products and 1 billion 500 million garments.

Exports amounted to 8 billion -90 billion dollars.

To satisfy this huge export market, Vietnam needs to import a lot of textile and garment equipment.

Vinatex (Vietnam textile and garment company) part of the investment projects

Project name estimated investment

(US dollar) location

60000 high quality yarn (compact) spindles spinning factory35000000Hung Yen

60000 high quality yarn spindles spinning factory33077000Thua Thien Hue

Polyester fiber production with capacity of 120T/day56500000Hung Yen

Fabric weaving factory (for making shirts) 23400000Dong Nai

Fabric weaving factory (for making trousers) 23400000Hung Yen

Polyester fiber production with capacity of 300T/day118000000Dong Nai

Dyeing and finishing, printing T/C fabric and cotton47000000Dong Nai

Denim dyeing and finishing29000000Da Nang

Geotextile fabric with capacity 3000T/year7000000Dong Nai

Pilot cotton planting farm with watering system (1000HA) 3500000South Central Area

Textile-Garment and Fashion University12500000Bac Ninh

Telephone; 021-61635460/61635462.

Fax: 021-61635461.

Address: 1603B, block A, Golden Eagle tower, 1518 Minsheng Road, Pudong New Area, Shanghai.