Vietnam: Italian Textile Machinery Front Row Center at Saigontex
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Vietnam has by now become a major market for textile machinery manufacturers. Having emerged as an important manufacturing hub for the garments sector, thanks to low labour costs, the Country has now received a further boost for developing its textile industry, through the free trade agreements recently signed with the European Union and United States. “ In the face of these new scenarios,” explains Raffaella Carabelli, President of ACIMIT, the Association of Italian Textile Machinery Manufacturers, “we’re expecting over the medium term a strong boost in demand for textile machinery by