Twenty Seven leading Vietnamese manufacturers of quality garments, textiles, fashion accessories and garment-related industries are showcasing their products at the Global Sources Fashion Show, in Hong Hong, which will run until the end of the month. Speaking on the occasion of the business-to-business fashion trade show which opened on October 27 in Hong Kong, Phạm Thiết Hòa, Director, HCM City Investment and Trade Promotion Centre (ITPC), said, “Việt Nam has become a more attractive complementary garment sourcing destination for overseas buyers.
We’re seeing an increasing number of multinational firms from Taiwan, Hong Kong and Singapore making not only completed finished clothes, but also buying fabrics, textiles, yarns, plastics, printing and other accessories, they’re looking to expand their production capacity in Vietnam and are shifting their production bases to Vietnam to enjoy tax incentives and other advantages.”
Vũ Ngọc Khiêm, chief representative of Global Sources, said: “In collaboration with ITPC, we have created a one-stop shop sourcing platform, for yarns and fabrics to completed clothes, from labels and tags and interlining fabrics to textiles and fashion bags, hats, caps and jewellery, so that buyers can meet businesses offline. We’ve seen a trend where many export orders are shifting to Vietnam not only because China is heading toward more sophisticated higher-value manufacturing industries but also because Vietnamese makers have stepped up to a new level of FOB export capabilities, and are more ready to compete with rivals via differentiation and excellent services, not just cost advantages anymore.”
The four-day tradeshow hosts 1,800 booths of accessories, fabrics and apparel from Vietnam, China, South Korea, India and the Philippines. The event is expected to see a footfall of 12,000+ buyers from 150 countries and territories, including the US, the EU, Hong Kong and Japan.
The on-site Fashion Parade features many products made in Vietnam, including totes, bags and jewellery. The show offers a unique one-stop shop theme where buyers can discover Vietnamese manufacturers offering all kinds of garments, textiles, labels, bra cups and fashion accessories. Other highlights include conference programmes, fashion parades and the Trends Forum, presented by Fashion Snoops and Pantone.
