Want to be in the loop?
subscribe to
our notification
Business News
TEXTILE, GARMENT EXPO TO BE HELD IN HCMC
The 17th edition of Viet Nam International Textile & Garment Industry Exhibition and Viet Nam International Textile & Apparel Accessories Exhibition, or VTG 2017 will be held in HCMC from November 22 - 25 with the participation of 400 exhibitors from 14 countries and territories.
The Viet Nam International Textile & Garment Industry Exhibition and the Viet Nam International Textile & Apparel Accessories Exhibition (VTG 2017) will be held at the Saigon Exhibition & Convention Centre.
Most of exhibitors are from mainland China, Germany, Hong Kong, India, Japan, Malaysia, Singapore, Switzerland, the Republic of Korea, Taiwan, Thailand, Turkey, Uzbekistan and Viet Nam.
On display will be sewing, textile screen printing, high-caliber embroidery and fabric dyeing machines, cutting room, auto-sewing, industrial laundry, anti-wrinkle pressing and ironing equipment, chemical dipping and curing ovens among others.
The event will also include seminars with the participation of speakers from the Export-Import Department under the Ministry of Industry and Trade, the Association of Viet Nam Cotton & Spinning Association, and the Viet Nam Textile and Apparel Association. Topics to be addressed include the impact of the Fourth Industrial Revolution, opportunities from free trade agreements, and how to keep staying ahead in the market.
For the first seven months of the year, the country attracted US$21.93 billion in foreign direct investment, a surge of 52% compared to the same period in 2016, achieving the highest annual growth rate since 2011.
Viet Nam’s textile and garment sectors had US$14.58 billion in outbound shipments in the first six months of the year, representing a significant annual increase of 11.3%.
Source: VGP
Related News
VIETNAM'S MANUFACTURING STORY HAS CHANGED IN 2026
Vietnam is no longer attracting investment solely because of its competitive costs. Today, global manufacturers are increasingly choosing Vietnam for its expanding industrial ecosystem, resilient supply chains and growing role in high-value sectors such as semiconductors, electronics and advanced manufacturing.
VIETNAM NEEDS OVER $200BN FROM STOCK MARKET IN NEXT 5 YEARS
Speaking at the event, Bui Hoang Hai, vice-chairman of the State Securities Commission of Vietnam, said total investment demand in the 2026-30 period is estimated at VND38,000 trillion ($1.4 trillion). The state budget can only provide approximately VND8,500 trillion ($323 billion), or 20 percent, leaving the remaining 80 percent to be sourced from private and international capital.
HUNG YEN BUILDS DIGITAL FOUNDATIONS TO DRIVE LONG-TERM GROWTH
From strengthening data infrastructure to developing AI platforms, Hung Yen province is enhancing governance capacity while laying the groundwork for the growth of its digital economy. Hung Yen, about 50-60km southeast of Hanoi, has maintained steady momentum in implementing its digital transformation agenda, creating a stronger foundation for the province to advance science, technology, and innovation.
CHINESE INVESTMENT WAVE OPENS NEW DOORS
As Chinese companies move beyond factory relocation to ecosystem-driven investment, Vietnam has a rare opportunity to evolve from a low-cost production base into a strategic node in regional value chains. When global companies first diversified supply chains, the focus was largely on relocating manufacturing capacity.
VIỆT NAM STEPS UP EXPORT TO ACHIEVE US$550-BILLION TARGET
Việt Nam is intensifying efforts to sustain export momentum in the second half of 2026 as the country works towards its target of US$550 billion in export revenue for the year, despite continuing uncertainties in global trade. Statistics show that exports reached $266.5 billion in the first six months, meaning the economy needs to generate around $245.5 billion more during the remainder of the year to meet the annual goal.
ASIA POWERS VIETNAM’S SHRIMP BOOM, LEAVING THE WEST BEHIND
In the first half of 2026, Vietnam's shrimp exports surpassed the US$2.3 billion mark, driven largely by booming demand from China and a lobster craze. But behind that growth figure lies a lopsided picture: Asia is carrying the load, while the U.S. and Europe have yet to break out. These days, a container of frozen shrimp leaving a Ho Chi Minh City port is more likely to cross the East Vietnam Sea to Shanghai than the Pacific to Los Angeles.
























