SEMINAR FOR THE TEXTILE AND FOOTWEAR INDUSTRY - MANUFACTURING POWERHOUSE IN CENTRAL VIETNAM

With a strategic location advantage, a stable political and social environment, a younger labor force and a lower salary for workers, the growth rate of Vietnamese manufacturing industry is far beyond the other Asian countries. Vietnam is also one of the ASEAN countries who is the largest commodity country exporting to the United States, thus attracting a large number of clothing and footwear enterprises to relocate their manufacturing bases from China to Vietnam.

The Vietnamese government attaches particular importance to the central economic zone (e.g. Quang Ngai) and has developed a number of preferential policies. The economic zone has an important strategic position where manufacturers can ship goods not only to northern Vietnam (Hanoi) and southern Vietnam (Ho Chi Minh City), but also Laos, Cambodia, Thailand, and even China. The central economic zone is only 1 hour flight from the economic center of Vietnam and there are two international airports (Da Nang and Phu Bai) among the four airports. These superior infrastructures provide great convenience for the production, transportation, import and export of products and reduction of the associated costs.

Hong Kong Productivity Council (HKPC) is organizing a seminar to invite professionals of various fields and entrepreneurs who have their production set up in Vietnam to share their experiences.

Entrepreneurs and small and medium-sized enterprises of the Hong Kong textile, garment and footwear industry could seize this opportunity to understand the Vietnam investment environment.

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