India Clothing Company Helps Vietnam Develop Business
India garment industry hopes to provide assistance to Vietnamese enterprises by providing high-quality materials and technologies. India's major cotton producers and exporters have conducted a week long visit to Vietnam aimed at developing new opportunities for cooperation. During the visit, India made the above statement.
VS Valayuthum, President of India Cotton Textile Export Promotion Association, said that through the cooperation of garment companies, the two sides can be mutually beneficial.
Valayuthum believes that Vietnamese clothing enterprises should take part in relevant conferences, fairs and trade fairs, especially the India International Garment Fair held in India in February next year.
Nguyen Thi Hong Tin, director of marketing research at Vietnam National Textile and Garment Group, said that by the end of this year, Vietnam's clothing exports will reach US $10 billion 500 million.
Vietnam is one of the 10 largest textile and garment exporting countries in the world, but Vietnam has to buy most of its raw materials from overseas markets.
In the first 5 months of this year, Vietnam imported $3 billion 700 million worth of raw materials into the clothing and footwear industry, the office of comprehensive statistics of Vietnam reported.
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