Home / Knowledge / News / Textiles / Italy explores Vietnamese textile sector for investment
Italy explores Vietnamese textile sector for investment
26
May '12
A delegation of representatives of over 40 Italian firms is currently on a visit to Vietnam to explore trade and investment opportunities in the Southeast Asian country, including in the textile and clothing sector.

The visit is part of the Enterprise Partnerships for Development Forum, a project aimed at supporting the development of small and medium-sized enterprises (SMEs) in Vietnam and helping Italian SMEs go global through the promotion of trade and investment agreements between business establishments of both countries.

Under the project, several Vietnamese companies in textile and garment sector have been provided technical assistance through consultancy by experienced professionals.

The knowledge acquired during the consultancy would help the companies in selection of potential partner firms from the two countries.

At a meeting of the Forum, Tran Dinh Thien, Director of the Vietnam Institute of Economics, told the Italian team that the country offers advantages like a young and growing labour force, availability of natural resources and long coastline.

UNIDO Country Representative Patrick Gilbert said Vietnam is one of the best bets for long-term growth as its real per capita GDP growth is expected to be around 6.4 percent during 2010-50.

During their stay in Vietnam, the executives of Italian firms, who are in Vietnam for the first time to study investment and trade opportunities, will visit several textiles and garment manufacturing units and meet potential partners at business-to-business sessions.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: SKF

Textiles | On 26th Apr 2017

SKF brings predictive maintenance for machinery to India

SKF India, a global supplier of bearings, seals, mechatronics,...

Textiles | On 26th Apr 2017

Gap, Athleta to increase use of sustainable fibres

Gap, one of the world's most iconic apparel and accessories brand and ...

Courtesy: Christian Dior

Fashion | On 25th Apr 2017

LVMH to acquire Christian Dior Couture for €6.5bn

LVMH and Christian Dior, which holds directly and indirectly 41 per...

Interviews View All

Subhashini Srinivasan
The S Studio

Ethnicwear market will see an upward trend if uniqueness and quality are...

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Larry L Kinn
Suominen Corporation

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

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

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
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