Home / Knowledge / News / Apparel/Garments / MoU signed with Vietnamese clothing sector
MoU signed with Vietnamese clothing sector
10
Sep '09
A garment forum was recently held in Hanoi, Vietnam to increase cooperation with Vietnam. The Vice-Chairman of the Federation of Textile Industries in South Korea said that the garment industry in Vietnam plays an important role in the economic cooperation between the two countries.

He said that there were many opportunities for Vietnamese garment products in South Korea. In 2008, South Korea was the second largest investor in Vietnam's clothing sector after Taiwan with an investment of US $737 million.

South Korea stood sixth among garment importers from Vietnam with 2008 turnover reaching $139 million and in the first six months of the year, despite economic crisis, imports totaled $77 million, up 43 percent over the same period last year.

Of the, 1,500 Korean companies in Vietnam, 441 operate in the garment sector. At the forum, representatives from both sides signed a memorandum of understanding focusing on boosting trade and investment in the sector.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: House of Fraser

Textiles | On 27th Apr 2017

House of Fraser's online sales up 16.1%

British department store group House of Fraser's online sales have...

Textiles | On 27th Apr 2017

Rieter completes 20 years of launching Com4 yarn

Rieter, the world's leading supplier of systems for short-staple...

Textiles | On 27th Apr 2017

Walmart releases 10th Global Responsibility Report

Walmart has released its tenth annual Global Responsibility Report,...

Interviews View All

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search