Vietnam, the world’s fifth largest garment exporter, will import 1.2 million tonnes of cotton this year, which represents an increase of about 19 percent from the previous year 2015, an industry official said on Wednesday.
Vice Chairman Nguyen Son of the Vietnam Cotton and Spinning Association said that most of the imported cotton will come from the United States, which has been Vietnam’s top supplier of the raw material, followed by India, Brazil and Australia.
The move is aimed to meet rising demand from its textile industry while domestic output is insignificant.
According to the trade ministry, Vietnam’s second biggest cash earner after smart phones is its textile and garment exports which is expected to increase by 36 percent to $31 billion this year.
The Union Ministry of Textiles on Thursday signed MoUs with 15 States to create a strong operational framework for improving…
Heartland has announced the launch of a new textile business unit in India to increase the use of hemp fabric…
The Saudi Fashion Commission has announced the development of a bio-textile made from marine algae collected from the Red Sea…
The Council of Fashion Designers of America (CFDA) has announced two new initiatives aimed at strengthening fashion manufacturing in the…
The U.S. Cotton Trust Protocol has announced that Next Level Apparel, a supplier of blank apparel, has joined the program…
Harper Hygienics has launched Kindii Water Care, a new range of baby wipes developed to suit the needs of very…