Vietnam will host denims show organized by Denimsandjeans.com from June 16 and 17, 2016. This event will serve as a platform for the denim and sportswear supply chain in this region. It will bring together some of the most reputed local fabric and apparel manufacturers, international mills, chemical and accessory suppliers in the supply chain together at one place.
The show will also organise a series of seminars, panel discussions, and presentations. Internationally recognized denim expert Giovanni Petrin will hold a seminar titled Blues Revolution and Jeanologia, the leading textile technology company, will hold a conference titled Vietnam Horizon 2020, A View to the Future. The show aims at giving global exposure to the Vietnamese apparel industry.
Vietnam is the second largest exporter of apparel and footwear to the US, just behind China. Major US retailers such as Sara Lee, JC Penney, Express, The Gap, Macy's, Nordstrom's, Mast Industries and American Eagle source a sizeable portion of their imports from Vietnam.
As a result of the TPP, Vietnam will eliminate taxes on 98.4 per cent of textile and apparel exports to the US immediately and 100 per cent within four years.
About 54 per cent of total US textile and apparel exports went to TPP markets in 2014.