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U.S. fibre firms likely to be suppliers of Vietnam’s textile market

Related Keywords: American fiber, boost acces to Vietnamese market, dependent on import, garment key export product, good quality and competitive price, not much fiber plant in Vietnam, potential market, suppliers of Vietnamese garment and textile companies, survey show Vietnam, TPP, US Cotton Assoication, US fiber firms

The U.S. Cotton Association survey shows that Vietnam is a very potential market with garment being a country’s key export product. At a meeting held in Ho Chi Minh City on Monday, many U.S. fibre firms expressed their desire to become suppliers of Vietnamese garment and textile companies.

There are not much fibre plants in Vietnam, local firms are dependent on import and most materials, over 80 percent is imported from China and India.

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