International textiles exhibition underway in Hanoi hinh anh 1Visitors at a pavilion at Hanoitex 2016 (Photo: VNA)

Hanoi (VNA) –
The Hanoi Textile and Garment Industry Expo (Hanoitex 2016) opened in the capital city on November 2.

Gathering at the fair are 171 companies from 13 countries and territories such as Germany, China, Indonesia, Japan and the Republic of Korea.

Lasting for 3 days, the large-scale exposition spans an area of 6,000 square metres. It is showcasing latest machineries, materials and technologies of the sector.

Speaking at the opening ceremony, Deputy Minister of Industry and Trade Cao Quoc Hung said the fair is held to help Vietnamese firms access technologies from leading companies in the field, thus enhancing their capacity and added value.

In the coming time, the garment-textiles industry will see abundant opportunities to thrive, as Vietnam has joined a number of trade pacts, such as the Trans-Pacific Partnership deal as well as free trade agreements with the EU and the Republic of Korea.

Revenue from garment-textile exports hit 27.3 billion USD in 2015, and is expected to reach 30 billion USD this year.-VNA