Vietnam’s textile and garment industry is looking to upgrade itself. It’s considering strategic solutions for enhancing research and promoting the application of advanced technologies to increase domestic garment businesses’ competitiveness.

Fashion design centers will be set up. National textile brands will be formed to make deeper inroads into international markets. The focus is on hastening modernisation and ensuring sustainable growth in order to turn the textile sector into one of the country’s key industries. Events like the Asia Fashion Summit 2015 and an international exhibition on fashion and materials for the garment industry are being planned. These events aim to help bolster links among Asian textile enterprises, offering them a chance to discuss ways to promote garment exports to other countries.

Trade promotion activities, training programs, workshops and conferences will take place. There will be strong liaising activities with foreign organisations. Vietnam’s garment and textile sector has a goal of generating $42 billion in export turnover by 2020, with a localisation rate of 65 per cent. With this aim there will be more investment in weaving, dyeing, completing products and developing supply chains to increase the added value of export products.

The country’s textile and garment sector has seen fast and sustainable growth over the years.