Hanoi to Host International Textile & Garment Exhibition

Hanoi is set to host an international exhibition for the textile and garment industry, offering an opportunity for Vietnam's sector to enhance productivity and increase value addition for more sustainable competitiveness amidst market changes. Party General Secretary and President To Lam has stressed that economic, trade, and investment cooperation are crucial pillars of bilateral relations, benefiting businesses and people while contributing to development. The event also aims to improve transparency and strengthen engagement with the international investment community. Vietnamese textile and garment firms are proactively shifting strategies, treating green transition and innovation as integral to business development rather than mere export requirements. In July 2026, export turnover for the industry saw an increase, with total export turnover for the first seven months reaching $27.02 billion, up 2.67% year-on-year. Vietnam's trade flows remain robust, driven by strong demand for consumer goods and production materials, with processing and manufacturing, particularly electronics and machinery, leading export growth. International cooperation is also expanding, evidenced by the doubling of weekly passenger capacity between Vietnamese and Indian airlines. The country is also signaling a desire for co-creation-based partnerships with US businesses, moving beyond simple investment attraction. Furthermore, Vietnam is experiencing rapid adoption of electric vehicles (EVs), with its adoption rate surpassing Thailand and Indonesia and exceeding the global average. This highlights the swift growth in a market that was nearly non-existent around 2020. Source: VietnamPlus English