The next up-coming Denimsandjeans event is about Rock’n Roll. And what goes together better than Jeans + Rock N Roll, right!?
Vietnam has become one of the favorite destinations for the sourcing heads now and the recent events, including the CPTPP treaty, upcoming EVFTA treaty, and the closing down of many Chinese apparel companies, brought a lot of spotlight to Vietnam.
Amidst all, the 3rd season of Denimsandjeans Vietnam – An International Denim and Sportswear Chain Show, scheduled for June 27 & 28 at Ho Chi Minh City, has been attracting the attention of apparel retailers, brands, and factories, especially from EU and many US regions.
Read more about the developments in Vietnam:
Vietnam At Present
The country has already become one of the biggest suppliers of apparel to the US and EU and is expected to further grow in the coming years, as the pending FTA with EU goes through end of this year as expected by the authorities. This will bring numerous opportunities for the country to grow and play a much larger role globally as an international apparel supplier.
Vietnam has currently about 6,000 garment related companies that employ 2.5 million people and exported $31 billion worth of clothing and textiles in 2017. Vietnam is the 2nd largest exporter of apparel to the US behind China. Vietnam has very favorable trade policies and the labor conditions are very stable as compared to many other Asian countries.
Bi-lateral and Multilateral Trade Treaties
In the latest Apparel Survey Report released by Mckinsey; Vietnam ranked in top 5 as the best sourcing destinations in the world. On March, the country has signed CP-TPP along with 10 countries including Japan, Australia and Thailand which will eliminate 99% of tariffs from the products transacted.
Vietnam’s garment and textile industry posted a export growth of 15.4% in the first quarter and reached to USD 7.82 billion, and according to new figures, Japan has become its largest market. Exports to Japan and China were up 26.6% and 25.6% in the first three months of 2018, respectively, according to figures from the Vietnam National Textile and Garment Group (Vinatex).
Vietnam joined the CPTPP, which has brought positive results for Vietnam’s textile and garment exports. Korea is the third largest market for Vietnam, with textile and garment exports up 22.3% in the quarter. Exports to the US grew 13.2% year-on-year. Notably, Vietnam’s exports of textiles and garments to other markets were boosted in the first quarter, with increasing exports to Canada and the Russian Federation.
Based on all these encouraging figures, Denimsandjeans, the pioneers of International Denim Shows in Vietnam, are bringing their 3rd edition of Denimsandjeans Vietnam Showon June 27-28 at Ho Chi Minh City with Rock n Roll as the theme. The venue of the show is Riverside Palace , District 4, Ho Chi Minh City , Vietnam.
The Theme – ROCK N ROLL
ROCK N ROLL is bringing into focus the important place that denim occupies in the rock and roll history. Denim and rebel music have had a long-standing relationship that goes all the way back to the days of Elvis Presley, James Dean, the Beatles, Rolling Stones and other names around the 60s. Basically evolving from American origins, the Rock n Roll developed sub cultures in UK and several styles started becoming synonymous with it.
The rock n roll looks and its effect on denim can be seen in resurgence with skinny jeans for men and dark and grunge denims, leather combinations and more. This show will be a small tribute to the classic era of Rock N Roll Fashion and their pioneers including Elvis Presley, James Dean and many others.
“Buyers from US and especially from EU are showing keen interest in Vietnam in anticipation of EVFTA and our show enables them to find all the international and domestic suppliers at one place and therefore we are pretty much sure about its success and initial trends of buyers’ registrations for 3rd edition has strengthened my belief” states Mr. Sandeep Agarwal, director of the Vietnam shows.
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