Related Keywords: domestic output is insignificant, from textile industry, from the previous year, increase of about nineteen percent, meet rising demand, second biggest cash earner, the worlds fifth largest garment exporter, Vietnam, Vietnam Cotton and Spinning Association, will import 1.2 million tonnes of cotton this year
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.
