Positive feedback from the meetings held between ACIMIT and Vietnamese counterparts during the recent Italian business mission “Italy to Vietnam 2014”. To develop this market, Italian businesses are betting on sustainability and training.

 

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

 

According to ACIMIT, 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 worth of textile machinery to Vietnam (+159% 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,” confirmed 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,” stated ACIMIT’s President. “The creation of a technology training center is a concrete possibility, and will provide a further stimulus towards developing business opportunities between Italy and Vietnam in the textile industry.”