Related Keywords: Association of Italian Textile Machinery Manufacturers, bilateral trade, export market, Garments, import market, interested in Vietnam, Italian companies, Italy and Vietnam, ministry of industry and trade, Textiles
Italy is Vietnam's eighteenth largest export market and fifteenth largest import market. Vietnam’s export to Italy has surged by 18.2 percent reaching US$2.5 billion, while its imports from Italy has touched US$1.19 billion in the past 11 months (January to November), according to the Ministry of Industry and Trade.
According to Raffaella Carabelli, president of the Association of Italian Textile Machinery Manufacturers, Italian companies remain interested in Vietnam, a growing market with untapped co-operative opportunities and high consumption demand.