Vietnam: The next big market for machinery

ACIMIT, the Association of Italian Textile Machine Manufacturers, participated in the recent business mission in Vietnam, promoted by Italy´s Ministry of Economic Development and Ministry of Foreign Affairs and organised by the Italian Trade Agency.

Vietnam´s textile sector is already a major buyer of Italian textile machine technology among Asian markets. Over the first six months of 2014, Italy exported 14 million euros´ worth of textile machinery to Vietnam (? per cent over the same period for 2013), confirming the growth trend in recent few years. ´Vietnam represents one of the most promising markets of the future for our companies,´ confirms ACIMIT´s President Raffaella Carabelli.´The local authorities have invested in the textile and garments industry, and are very much aware of the added value that Italian technology can bring to their production. The meetings held over the past few days with local counterparts confirm this.´

During the business mission, ACIMIT senior management were able to ascertain the strong focus of Vietnamese textile sector on maximizing energy savings during production, while reducing pollution. Yet another point of convergence between the Vietnamese textile sector and Italian textile machinery manufacturers is the level of interest expressed for training.

´We believe that Italian machinery manufacturers can strengthen their partnership with local textile producers. The ACIMIT ´Sustainable Technologies´ project ensures that manufacturers using our machinery solutions will be rewarded with energy savings and industry leading, advanced environmentally friendly technology.´