Vietnam Saigon Textile and Garment Industry Exhibition in 2023

Since the reform and opening up in 1986, Vietnam’s economic growth in the past 35 years has been obvious to all. The annual GDP growth rate has maintained 6-8%. From a poor country with a per capita GDP of only 230 US dollars, it has now reached an important economy of 3,700 US dollars. 

   Vietnam is one of the few countries that has joined international organizations such as RCEP, CPTPP, EVFTA and APEC at the same time, and enjoys preferential tariffs on important markets such as the European Union, North America, Japan and Southeast Asia; coupled with political stability and abundant labor, Vietnam has become a global producer in recent years. The best choice for manufacturing base transfer.

   With the support of the Vietnamese government, Vietnam’s textile and garment industry has developed rapidly in recent years. According to statistics from the Ministry of Industry and Commerce of Vietnam, Vietnam’s textile and garment exports will reach US$22.3 billion in the first half of 2022, an annual increase of 21.6%, making it the world’s largest textile and garment exporter. No. 3, accounting for 6.4% of the global market, second only to China (31.6%) and Europe (27.9%). The brilliant performance is impressive!

   In response to the rapid growth of exports, Vietnam's textile and garment industry still needs to continue to expand its production capacity and upgrade its manufacturing technology. The demand for imports of raw materials such as machinery and equipment, yarn, fabrics, and spare parts is naturally increasing day by day.

   SAIGONTEX has been held since the 1990s and has been successfully held in Ho Chi Minh City and Hanoi for 3 sessions. This year, the 33rd session, this exhibition has been awarded by the Ministry of Industry of Vietnam, Vietnam Textile and Garment Group VINATEX and Vietnam Textile and Garment Association VITAS and Vietnam Ho Chi Minh City Textile Weaving Co., Ltd. Supported by public associations such as the Embroidery Association AGTEK, it is the most authoritative in Vietnam and the only international textile and garment industry exhibition in Vietnam that has been recognized by the UFI International Exhibition Federation and has the quality assurance of international exhibitors.

   For a long time, domestic related companies have always had a high share and reputation in the Vietnamese market due to their excellent quality, exquisite design and competitive prices. We sincerely invite those who have the same aspirations to make persistent efforts and come to explore the Vietnamese market!