Italy front and foremost at Saigontex
An essential production hub for the garments manufacturing
sector thanks to its low labour costs, Vietnam is currently a
major industry supplier for both the European and U.S. markets.
In light of the growing importance of Vietnam’s textile and
garments industry worldwide, the need for upgrading and
technologically modernizing production facilities has become a
priority for local authorities.
Vietnam now figures as a stable, primary market for global
textile machinery manufacturers. For Italy’s textile machinery
industry, Vietnam currently ranks among the top ten export
markets. Over the first 10 months of 2016, exports to Vietnam
amounted to 39 million euros; a 6% increase compared to the same
period for 2015.
The upcoming edition of Saigontex, the leading textile
machinery trade fair, opens on April 5th in Ho Chi Minh City,
featuring an important contingent of Italian machinery and
technology exhibitors. Among these, 12 will set up their stands
in a common exhibition space organized by the Italian Trade
Agency, together with ACIMIT, the Association of Italian Textile
The 12 companies, all ACIMIT associated members, are: Brongo,
Carù, Cibitex, Ferraro, JK Group, LGL, Marzoli, MCS, Mei, PTMT,
Roj and Texma.
ACIMIT represents an industrial sector comprising around 300
manufacturers (employing close to 12,000 people) and producing
machinery for an overall value of about 2.6 billion euros, with
exports amounting to more than 86% of total sales. Creativity,
sustainable technology, reliability and quality are the
characteristics which have made Italy a global leader in the
manufacturing of textile machinery.