The Vietnam Chamber of Commerce and Industry recently collaborated with the Chinese National Federation of Industries to organise the Vietnam-Taiwan Industrial Collaboration Forum. The event will connect leading enterprises in the fields of textile, light industry, automation, smart city and other applications. At present, the most intimate textile exchange and trade is happening between Taiwan and Vietnam. In future, the two parties will exchange newest international fashion trend, of which, Taiwan will introduce the highest quality nano-fabric researched and developed by Taiwanese firms to Vietnam, promoting the cooperation between two sides to come into reality.

Vietnam is the largest importer of Taiwanese-made fabric while Taiwan is the second largest territory in importing garment products of Vietnam with import turnover at nearly $400 million last year. As the price of Taiwan’s functional fabrics is higher than that imported from China, so export value of products made of Taiwanese functional fabrics will increase, helping Vietnam to hold a key position in global supply chain.