Vietnam Textile & Apparel Association (VITAS) has raised Vietnam’s 2025 export target for textiles, garments, and yarn to $47–48 billion. Vietnam needs to import more textile and garment machines and parts from overseas for self production, to meet the low tariff requirements for the US market.
Why Hanoi? A New Production Base in Vietnam
• Cost Efficiency: Giving its lower labour, production, and land costs compared to Ho Chi Minh City, Northern Vietnam presents a lucrative opportunity for businesses.
• Infrastructure Development: The Vietnamese government is investing heavily in infrastructure in Northern Vietnam, making it an attractive area for production facilities.
• Strategic Location: Compared to Ho Chi Minh City, Hanoi offers cheaper land transport for supplies from China, thanks to its proximity, ensuring a seamless supply chain.
• Growing Industry Presence: A significant number of local and international textile and garment factories are already setting up operations in Northern Vietnam, capitalising on the region’s advantages.
Don’t miss out on the chance to present at HanoiTex 2025!
Despite the organizers having opened an additional hall for HanoiTex 2025 (for a total of 3 halls), over 80% of the booths have already been booked. Register now to secure your booth! For more details or to register, please visit www.vhanoitex.com or contact Mr Jason Chow in Hong Kong (Tel: +852 25117427, Fax: +852 25119692, Email: jason@cpexh.com, cpexh@yahoo.com, Wechat: cpexhibition) or our representative in your region.