Vietnam’s textile sector is a major buyer of Italian textile machine technology among Asian markets. To develop this market further ACIMIT, the Association of Italian Textile Machine Manufacturers, participated in the recent business mission in Vietnam Italy to Vietnam 2014, promoted by Italy’s Ministry of Economic Development and Ministry of Foreign Affairs and organised by Italian Trade Agency.

According to Raffaella Carabelli, ACIMIT’s President, Vietnam represents one of the most promising markets of the future for their companies. 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 with local counterparts during the business mission in Vietnam confirm this.

The Italian machinery manufacturers can strengthen their partnership with local textile producers.

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.

The creation of a technology training centre will provide a further stimulus towards developing business opportunities between Italy and Vietnam in the textile industry.

The ACIMIT Sustainable Technologies project ensures that manufacturers using their machinery solutions will be rewarded with energy savings and industry leading, advanced environmentally friendly technology.

Over the first six months of 2014, Italy exported EUR 14 million worth of textile machinery to Vietnam, which is a 159% increase over the same period for 2013, this confirms the growth trend in recent few years.