Vietnam International Clothing Exhibition is the largest clothing and apparel textile fabric exhibition in Southeast Asia! The exhibition has a history of many years. The previous exhibition area was about 80,000 square meters, with more than 1,400 exhibitors, attracting more than 20,000 professional visitors from all over the world. The production of accessories can only meet 30% of the production demand of the textile industry, so the trade surplus of the industry is difficult to progress. Taking the import of fabrics as an example, Vietnam’s garment export processing industry needs 6.8 billion meters of various fabrics every year, and the domestic output value is only 800 million meters. Most of the medium and high-end fabrics are heavily dependent on imports.
Today, the Vietnamese market is full of various Chinese products, and my country is Vietnam’s largest trading partner. With a population of 90 million, Vietnam ranks among the top ten in the world in terms of economic growth in recent years. In 2011, the total transaction volume between China and Vietnam exceeded 40 billion US dollars, of which Vietnam’s exports to my country were 10.8 billion US dollars, accounting for 11.2% of the total export value, an increase of 47.6% year-on-year. In the first half of 2012, the transaction volume between China and Vietnam reached US$15.7 billion, a year-on-year increase of 30.5%. With the completion of my country-ASEAN Free Trade Area on January 1, 2010, China and Vietnam implemented tariff reductions in three periods in 2013 and 2015, and finally achieved zero tariffs on 93% of products in 2015. my country is Vietnam’s largest trading partner. At present, Chinese products are constantly entering the Vietnamese market by virtue of their geographical and strategic advantages.
In this exhibition, we mainly displayed three popular series – water-washed ribbons, all-resin-based ribbons and thermal transfer printing equipment, which are very competitive new products.
In the future, we will continue to deepen the Southeast Asian market and bring more surprises to customers!
