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

US President Joe Biden. Pic: Shutterstock

Textiles | On 29th Jul 2021

Proposed amendments to raise US content in federal purchases announced

The United States has decided to raise US-made content in government...

Pic: Shutterstock

Retail | On 29th Jul 2021

UK department store Selfridges put up for sale for £4 bn

Canada's Weston family that owns Selfridges has put up the UK...

Pic: Shutterstock

E-commerce | On 29th Jul 2021

Chinese firm Mogu to acquire 59.62% equity interest in Hangzhou Ruisha

Chinese online fashion and lifestyle destination Mogu has announced...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Ensured payment of fee was least concern for students

Footwear Industry, Footwear Retailers

Footwear Industry
Footwear Retailers

Still struggling to mop up higher sales

Textile Industry, Head honchos

Textile Industry
Head honchos

Next level is to inject new features:

Nantas Montonati,

Nantas Montonati

The Riri Group is a one-stop supplier of metal accessories for the luxury...

Simone Morgante,

Simone Morgante

Based out of Como, Italy, and with technological expertise of nearly 70...

Chendhuran Sundar,

Chendhuran Sundar

It manufactures and retails menswear garments in India under the brand...

Sanjay Raut, Garware Technical Fibres Ltd

Sanjay Raut
Garware Technical Fibres Ltd

Garware Technical Fibres Ltd (formerly Garware-Wall Ropes Ltd) is a...

Michaela Griggs & Peggy Schulz, Barco Uniforms

Michaela Griggs & Peggy Schulz
Barco Uniforms

Founded in 1929, Barco Uniforms started as an apparel company for beauty...

Tiasha Renganathan, Twinery Innovations by MAS

Tiasha Renganathan
Twinery Innovations by MAS

Twinery-Innovations by MAS is the innovation arm of Sri Lankan company MAS ...

Anjali Bhaskar, Samatvam

Anjali Bhaskar
Samatvam

Samatvam, a womenswear brand that blends age-old craftsmanship with modern ...

Anjali Bhaskar, Samatvam

Anjali Bhaskar
Samatvam

Anjali Bhaskar has an experience of 12 years in the fashion industry. She...

Megha Kumari & Jigar Mali, Label Megha & Jigar

Megha Kumari & Jigar Mali
Label Megha & Jigar

New Delhi based label Megha & Jigar blends India's unique handcrafts...

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

Leave your Comments


July 2021

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


Advanced Search