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Russian fair offers opportunities for VN garment, textile products

Russian fair offers opportunities for Vietnamese garment, textile products

Eight Vietnamese garment and textile firms are joining more than 2,00 foreign peers at the 53rd Federal Wholesale Fair of Goods and Equipment for Textile and Consumer Goods Industries (Textillegprom 2019) which is taking place at the All-Russian Exhibition Centre on September 17-20.
Russian fair offers opportunities for Vietnamese garment, textile products ảnh 1At the Textillegprom 2019 (Photo: VNA)

Moscow (VNA) – Eight Vietnamese garment and textile firms are joiningmore than 2,00 foreign peers at the 53rd Federal Wholesale Fair ofGoods and Equipment for Textile and Consumer Goods Industries (Textillegprom2019) which is taking place at the All-Russian Exhibition Centre on September17-20.

Vietnamese booths, which are showcasing jackets, jean clothes and sleepwear,attracted many Russian entrepreneurs who came to seek cooperative opportunitieson the opening day.

According to Vice Chairman of the Vietnam Textile and Apparel Association(VITAS) Truong Van Cam, this is the third time Vietnamese firms have attendedthe fair, and it has helped the enterprises get access to potential markets andcustomers.

Trade promotion programmes have brought back efficiency as many garment andtextile firms have secured contracts to export their products through similarfairs, he said, expressing his hope Vietnamese firms will be successful at theTextillegprom 2019.

Responding to Vietnam News Agency’s correspondent, Trade Counsellor of Vietnamin Russia Duong Hoang Minh affirmed the country’s shipments to Russia haveenjoyed robust growth since the free trade deal between Vietnam and theEurasian Economic Union (EAEU), of which Russia is an important signatory, cameinto force in 2016.

Particularly, export revenue of garment and textile rose7 percent year-on-year to 179.9 million USD last year. In the first sevenmonths of this year, the value reached 154.2 million USD, surging 60 percent yearon year.

Minh stressed Vietnam gained some 180 million USD from garment and textileshipments to Russia, accounting for only 3 percent of the latter’s importrevenue. Therefore, Vietnamese firms need to study Russian market and seekcustomers.

Textillegprom is the biggest exhibition of goods and equipment for textile andconsumer goods industries Russia and the Commonwealth of Independent States(CIS). This year’s event is expected to welcome over 37,000 visitors, who arewhole sale buyers and industry experts, and features research and trainingconferences, workshops and roundtable discussion.
 
After attending the Textillegprom 2019, the Vietnamese firms will continue to lookfor partners in Moskva and St.Peterburg until September 25./.
VNA
#Eight Vietnamese garment and textile firms #Textillegprom 2019 #seek cooperative opportunities #Vietnam Textile and Apparel Association (VITAS) #export revenue of garment and textile #Trade Counsellor of Vietnam in Russia Duong Hoang Minh #Vietnam News Agency #Vietnamplus
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