The first-ever denim Show to hit the floor in Vietnam

YarnsandFibers News Bureau 2016-05-02 15:00:00 – Ho Chi Minh City

The first ever denim show to hit the floor in Vietnam, the next global apparel destination by Denimsandjeans.com, the creator of denims show in Bangladesh. More than 30 exhibitors from Vietnam and different regions of the world including some major global denim mills to bring more focus and attention to the trade show.

The objective of the show is to bring international mills, local vendors, top brands, retailers and supply chain partners together at the same platform. Globally recognized denim experts and many reputed denim veterans as well as international denim buyers are expected to visit the trade show and will also share their knowledge during series of seminars and panel discussions.

Denim is an important part of apparel exports from China and Bangladesh. Vietnam also is increasing its strengths in denim and is expected to become important player in this sector.

Recession has shaken the entire global apparel industry for the last few years but Vietnam has witnessed a constant growth even in this distressing phase. Growing approximately at 19 percent compared to 2013, Vietnam's textile and garment exports have crossed US$ 24 billion in 2014, according to Vinatex, the largest textile group in Vietnam.

Vietnam offers huge potential economic opportunities from future free trade agreements. The Vietnamese textile industry, with more than 3,800 companies, is the country's leading export sector. The country ranks fifth worldwide in textile and apparel exports and has a labor force in that sector of more than 2 million people, of whom 1.3 million are working directly in the industry. According to the recent imports figures, US apparel imports from Vietnam grew by 38.1% in February, 2016.

Many textile and garment companies in the region have already begun to move production to Vietnam. Major U.S. retailers such as Sara Lee, JC Penney, Express, the Gap, Macy's, Nordstrom's, Mast Industries and American Eagle source a sizeable portion of their imports from Vietnam. Most of these companies source the imports through their Asian head offices in Hong Kong.

The entry to the Denimsandjeans.com Vietnam show is by 'Invitation only' and only for denim professionals. The visitors need to register themselves to get the official invitation. The denim trade show will be held on 16th June 2016 at Gem Center, Ho Chi Minh City, Vietnam.

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