Swedish machinery manufacturers are exploring the Vietnamese market. These companies have leading edge production equipment and technology and are all well-established leaders in various areas of textile manufacturing process. The companies offer a unique combination of production expertise, textile manufacturing knowledge, and superior products and services.

They are the perfect match for the Vietnamese textile industry. They are a relatively small, tight knit group of companies, each specializing in a different key areas along the manufacturing process. Their size gives them flexibility and they work closely with customers, listen and adapt quickly to their changing needs.

Vietnam is emerging as the new global production center of textile products. Vietnam has been identified as a hub for the Asian textile industry in the next decade. The main reason for this is the increasing cost levels in China, causing many textile and garment brands to relocate in Vietnam. Sweden is bringing world-leading innovative expertise of smart industries into Vietnam, which will make Vietnam highly competitive globally.

Production in the Vietnamese textile and clothing industry is expected to increase by an average of 12 per cent to 14 per cent between 2016 and 2020. Exports are expected to reach 50 billion dollars by 2020.