Source: Taiwantrade | Updated: 24 April 2018
A group of 19 major Taiwan textile companies have wrapped up the SaigonTex 2018 - Vietnam Saigon Textile & Garment Industry Expo with very promising results.
SaigonTex is considered the largest textile show in Vietnam. With a venue spanning 32,000 square meters, the 2018 event gathered 1,162 exhibitors from 26 countries.
Among the Taiwan companies that joined the expo were Eclat Textile, Everlight Chemical Industrial, Zig Sheng Industrial, Tah Tong Textile, Lovetex Industrial Corp, New Wide Enterprise, Singtex Industrial, Eagletex, and Men Chuen Fibre Industry.
According to the Taiwan Textile Federation, the Taiwan Pavilion at the expo attracted 1,700 enterprise visitors, and together, they placed orders that could lead to over five million US dollars in business for the Taiwan exhibitors.
Among the major buyers that visit the Taiwan Pavilion were E-Land, Outdoor Park, Wacoal, Mattana, Alien Sports, VINATEX IDC, NHABE, SCAVI Group, Lee&Co, and Maximum Sourcing.
According to VINATEX, the rapid growth in Vietnam's textile exports hit 31 billion US dollars in 2017. With Vietnam's CPTPP membership, the country is expecting more investment and growth in the coming years.
Kai Chiu (email@example.com)
Source: EBC News