Home / Knowledge / News / Textiles / Textile machinery producers line up at Vietnamese doors
Textile machinery producers line up at Vietnamese doors
Apr '11
The global demand for imported textile machines is on a rise, and as Vietnam produces just a few of these machines, the import industry for these machines in the country is progressing rapidly.

Nonetheless, high prices remain to be a major drawback with the Vietnam-made machines, as a number of companies have switched to buying from Asian suppliers who offer comparatively cheaper rates.

Textile machinery imports from Germany, a traditional textile machinery supplier, last year rose by 114 percent to €34 million or US $23.13 million, over 2009. This included spinning machines imported worth around €30 million or $20.4 million.

Production lines in any textile firm require diverse machines, which entails huge investment of around $200 million.

Japan, Germany and France produce good quality textile machines, but those actually are very costly.

A solution that the Vietnam Textile and Apparel Association proposed to deal with the issue was to; expand global cooperation to make optimum use of other overseas technology.

The textile industry of Vietnam witnessed a strong growth during last year, with export turnover rising by 29 percent to $11.2 billion, over 2009. Owing to this, the country has grown into a preferred destination for textile equipment exporters from foreign countries.

Editor's comment –
With a rapid rise in exports of clothing from Vietnam, the country which currently imports most of its raw materials requirements, will have to invest in backward integration, to have control over its supply chain, which can prove to be a big opportunity for global machinery producers.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Bruckner

Textiles | On 3rd Dec 2016

Indian textile companies opt for Brückner stenter lines

Indian textile firms Laxmipati Sarees, makers of polyester sarees and ...

Courtesy: Bombay Dyeing

Textiles | On 3rd Dec 2016

Bombay Dyeing to focus on retail; stops textile production

Bombay Dyeing, a Wadia group company, has decided to shift its focus...

Apparel/Garments | On 3rd Dec 2016

Q3FY17 net earnings slip 26.8% at denim retailer Guess

In the three months ended October 29, 2016, net earnings at denim...

Interviews View All

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Kerem Durdag
Biovation II LLC

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

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

December 2016

December 2016

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


Browse Our Archives


Advanced Search