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VN textile industry to rely on India for cotton

Related Keywords: import a large quantity of cotton, India great opportunity to provide raw material, VCCI, Vietnam India textile cooperation conference, Vietnam to meet rising demand, Vietnamese textile industry

The Vietnam - India textile cooperation conference was held on Monday in Ha Noi, on the occasion Doan Duy Khuong, vice chairman of the Viet Nam Chamber of Commerce and Industry (VCCI), said that India had great opportunities to provide raw materials for Vietnamese textile industry.

Vietnam needs more than 500,000 tonnes of cotton per year to meet rising demand. The domestic garment and textile sector had to import a large quantity of cotton as the country's cotton output met only 1 per cent of local producers' demand, said the chairman.

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