Vietnamese lingerie maker Anh Khoa Production and Trading Company will be importing materials from India.
Anh Khoa has recently signed a memorandum of understanding for importing materials from members of the Indian Synthetic and Rayon Textiles Export Promotion Council (SRTEPC), according to Vietnamese media reports.
Initially, Anh Khoa will buy feedstock from India and later on the cooperation would expand to other fields, said Ngo Ngoc Hoa, CEO of the company.
For the first time, an Indian Textile Exhibition (INTEXPO) was held last week along with the recently concluded Saigon Fabric and Garment Accessories Expo (Saigon Tex).
During Vietnamese Prime Minister Nguyen Tan Dung’s visit to India last year, the Indian government had committed to invest US$ 300 million in the Vietnamese textile and garment industry.