Visitors view clothes made from recycled fabrics at the Vietnam Texfuture 2023 Fall Winter being held at the Thisky Hall convention centre in Thu Duc city from September 20 to 23. (Photo: VNA)
HCM City (VNS/VNA) - Vietnam Texfuture 2023 FallWinter, an international innovative fabric exhibition, opened in Ho Chi MinhCity on September 20.
It has the theme "Going recycling - Going circular,” and hasattracted more than 15 brands and 200 Vietnamese and foreign exhibitors who areshowcasing recycled, functional, natural, and synthetic fabrics, innovativetechnologies and solutions, textile accessories, eco-friendly fashion, anddigital transformation solutions.
The event also includes business matching activities, forums whereindustry experts will speak about new ideas to drive a more sustainable textileindustry, and tours to leading garment and textile factories.
Speaking at the opening ceremony, Tran Ngoc Liem, Director of the VietnamChamber of Commerce and Industry’s HCM City branch, said the garment andtextile industry has faced difficulties this year, causing exports to fall by14.4% in the first eight months to 22.5 billion USD.
But there are clear signs of recovery with exports increasingsteadily for the last four months, he said.
“US President Joe Biden's visit to Vietnam this month and theelevation of bilateral relations to a comprehensive strategic partnership isconducive for the export of Vietnamese goods, especially garment and textiles,”he said.
“But to make good use of these opportunities and gradually climbup the global supply chain, the textile and garment industry needs to improvelabour productivity and product value, be more positive in sourcing rawmaterials and enhance cooperation with their counterparts, customers andmarkets.
“Digitalisation and greening are inevitable trends in the textileindustry by 2050, and businesses need to adopt more circular factors. If nochanges are made, Vietnam's textile and garment industry might gradually loseits competitive advantage.”
Organised by the VCCI, Sustainable Textile Solutions and TengdaExhibition, the exhibition at the Thisky Hall convention centre in HCM City’s ThuDuc City will go on until September 22 and is expected to attract over 2,500visitors./.
More than 1,300 businesses from 21 countries and territories are participating in the Vietnam Textile & Garment Industry Expo (Saigontex) 2023, the leading exhibition of the industry in Southeast Asia, which opened in Ho Chi Minh City on April 5.
Given an unstable global economy with strong consumer demand for transparency and sustainability, Vietnam's textile-garment industry is facing mounting difficulties, prompting a need to transform for growth.
It is necessary for domestic enterprises to switch to green textile and garment production in an effort to achieve sustainable development goals and cope with the gradual loss of Vietnam’s cost advantage, insiders have said.
The development strategy of the textile and garment industry until 2030 with a vision to 2035 has clearly identified that exports will continue to be a major and crucial driving force for the sector's growth.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
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A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.