China’s Kingdom Holdings Limited seeks trading partner in Vietnam | Trade News China
Home » News » Trade News » Chinas Kingdom Holdings Limited Seeks Trading Partner In Vietnam

China’s Kingdom Holdings Limited seeks trading partner in Vietnam

Share: 
      Newsletter

READ MORE ON Kingdom Holdings LimitedSaigontexTrade News China

Eric Sun, Director, Kingdom Holdings Limited

Eric Sun, Director, Kingdom Holdings Limited

“We are looking for trading partners in Vietnam,” said Eric Sun, International Commercial Director, Kingdom Holdings Limited, China while talking to Apparel Resources at the recently concluded SaigonTex 2017.

One of the biggest linen yarn manufacturers in the world, the company was eager to make its presence felt in Vietnam. “This is the first time we are in Vietnam and are interested in knowing the potential of the country. Textile industry here means sewing. Spinning yarn and weaving are still under-developed in Vietnam,” remarked Sun.

Also ReadKingdom Holding interacts with customers in India at ‘Kingdom Linen Mumbai Day’

Having offices across several countries like India, Italy, Japan, Turkey, Portugal, Korea, Lithuania in addition to China, Kingdom Holdings is, however, optimistic about the Vietnamese market. “Vietnam is a growing and dynamic economy and in next 5 years, linen will be very popular in Vietnam. There are still very few weaving factories in Vietnam and people are yet not familiar with weaving and finishing here but the market will grow,” averred Sun.

 

Have some news? Let us know on news@apparelresources.com

Comments are closed.

Recommended by Apparel Resources

India likely to note 15-18% growth in garment exports in ‘18

India is likely to note a 15-18 per cent growth in garment export to touch USD 20 billion during the current fiscal. The increase from USD 17 billion in FY17...

Stats: North America Ahead of EU in Men’s Shirt consumption

According to Statista, an online statistics, market research and business intelligence portal, shirts consumption by Men in North America is far ahead of EU. Following is the year-wise forecast of...

Kenya AGOA status not in danger

The assessment of Kenya’s eligibility to receive benefits under the African Growth and Opportunity Act (AGOA) is not warranted at this time. However,...

Garco 10 joins hands with Japan fashion brands

Garment 10 Joint Stock Company (Garco 10) will be co-launching with fast fashion brands, Uniqlo and Aeon, in its endeavour to foray into...

Children’s fashion revenues witnessed 2.8% increase last year

The children's fashion market in Italy touched 2.76 billion euros in revenues in 2016, which is an increase of 2.8 per cent. “The...

BGMEA open to Accord’s monitoring role post 2018

Underlining that there would not be any need to extend the tenure of the EU retailers’ group –Accord on Fire and Building Safety...

Hosiery market to reach US $ 43.42 billion by 2025

In 2016, the global hosiery market was valued at US $ 29.73 billion and is projected to reach US $ 43.42 billion by...

Haitian textile workers hit streets for higher wages

Several Haitian textile workers staged protest on 26 June demanding a higher minimum wage much to the dismay of managers of textile factories...

Effingo Textile’s sales down 60.47% in Q1

Based in Delhi (India), manufacturer of high quality organic cotton-based products, Effingo Textile & Trading Ltd. has reported a decline in its sales...

Airports’ inefficiency causing a billion to Bangladesh

Coming down heavily on the alleged delay in releasing garment samples by Bangladesh’s airports, President of Bangladesh Garment Manufacturers and Exporters Association (BGMEA),...