Home / Knowledge / News / Textiles / HCMC to become Vietnam's leading garment & textile center
HCMC to become Vietnam's leading garment & textile center
07
Nov '14
The Ho Chi Minh City (HCMC) would soon turn into Vietnam’s leading garment and textile industrial sector and is expected to support the garment and textile services in the southern region of the country, according to the plan announced by Ho Chi Minh City Department of Industry and Trade, SGGP reported.

According to the plan, by 2020, HCMC’s garment and textile industry is expected to turn into the fashion center of Vietnam. By 2015, revenue in the garment and textile industry is expected to reach VND 37,850 billion, 1.5 times higher than the revenue generated in 2010. This figure will continue increasing after 2015 to hit VND 47,670 billion by 2020.

HCMC will have six fibre plants producing 150,000 tons by 2015 and seven plants making 200,000 tons by 2020. The city will set up three textile plants with capacity of 500 million meter fabric in 2015. This number will increase to five plants in 2020, according to the development plans.

Dyeing establishments will be removed out of the inner city to relocate in the industrial zones. Material production for the garment and textile industry will move in industrial zones.

HCMC will work on the policies on training engineers, technicians and designers for the industry development, according to the HCMC Department of Industry and Trade. (GK)

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: American Apparel

Apparel/Garments | On 25th Feb 2017

Gildan to make some American Apparel products outside US

Gildan Activewear, which recently acquired US fashion brand American...

Courtesy: Kolon Sport

Apparel/Garments | On 25th Feb 2017

Kolon Sport to set up JV with ANTA for Chinese market

Kolon Sport, an outdoor gear and clothing brand of Korea based Kolon...

Designer Karishma Jumani with Niraj Jawanjal, founder and director of IIFW. Courtesy: IIFW

Textiles | On 25th Feb 2017

IIFW to bring together premium lingerie brands

India Intimate fashion Week (IIFW), dedicated to showcasing the...

Interviews View All

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Poojaa Kumar Deepak
Zeven

Zeven's performance sports apparel is designed for the Indian body type,...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Jay Ramrakhiani
Occasions Elegance Wear

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

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

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
February 2017

February 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search