Hanoi hosts int’l textile conference
(VOV) -The 2012 Annual International Textile Manufacturers Federation (ITMF) Global Conference was held in Hanoi on November 5.
The conference, themed “Challenges for the Global Textile Industry – Present and Future”, was organized by The Vietnam National Textile and Garment Group (Vinatex). It was attended by about 250 representatives from ITMF member countries.
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They discussed issues such as changes in the materials market in the context of the ongoing debt crisis in some developed countries; the development of the garment and textile sector in Vietnam and China; US garment and textile policies; and supply chain management.
Addressing the conference, Deputy Prime Minister Hoang Trung Hai said that this is a good opportunity for Vietnamese textile, fibre and cloth enterprises to promote trade and investment among world leading manufacturers and seek foreign business partners.
Vietnam’s textile exports have increased sharply over the past few years, from US$5.9 billion in 2006 to US$15.8 billion in 2011.
Currently, Vietnam is the second biggest supplier of garments and textiles to the US, the third largest to Japan and the fourth biggest to the EU.