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Germany's VDMA showcases textile machinery in Vietnam
06
Jul '16
As Vietnam's textile sector looks to upgrade its technology, Germany's VDMA Textile Machinery Association showcased its latest textile and apparel machineries at an event in Hanoi, attended by more than 600 business representatives and experts from Vietnam's textile and support industries.

The event, held by the VDMA, with support from the Vietnam Textile and Apparel Association (VITAS), provided an opportunity for companies to make contact, exchange information and establish a mutually beneficial co-operation, said Truong Van C?m, VITAS deputy
chairman, the Vietnam News has reported.

Although its cost is high, German machinery is of top quality, said C?m.

“However, if Vietnamese textile enterprises want to develop modern technology, they should co-operate with high-technology providers to catch up with global quality and labour productivity," he added.

The deputy chairman also said that a large scale of technology in Vietnam's textile and apparel industry needed to be replaced to improve quality, especially those supplying clothing for garment exports.

“Due to the recently signed Trans-Pacific Partnership (TPP), Vietnam is increasingly becoming a much preferred textile manufacturing location by companies worldwide,” said Thomas Waldmann, managing director of the VDMA Textile Machinery Association.

TPP will reduce 18,000 tariffs. Vietnam is almost a sole supplier of textiles among the TPP member countries and an important supplier of textiles and garment to big consumer markets like the US. The country is seeking to leverage that opportunity and a technology upgrade could help achieve its targets.

Textile and garment exports from Vietnam to TPP markets are expected to grow by more than 10 per cent this year.

“Vietam is a very important market in the area of textile, there is a need for Vietnamese textile industry to invest to modernise the technology and machinery. German companies and VMAD member companies are leading in this area, and that is the reason we are here,” said Boris Abadjieff, director of Exhibition and Export Marketing under the VDMA.

Phí Ng?c Tr?nh, deputy director of the H? Guom Garment JSC, said the forum was a good opportunity for Vietnamese businesses as the country was integrating further and deeper into global markets with many trade agreements, including TPP, as well as the Vietnam-EU free trade agreement. (SH)

Fibre2Fashion News Desk – India


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