Home / Knowledge / News / Textiles / African cotton preferred by textile producers
African cotton preferred by textile producers
23
Aug '11
African cotton has become a preferred choice for textile producers in Vietnam owing to its superior quality and comparatively lower prices, according to Vu Duc Giang, Chairman of Vietnam Textile and Apparel Association (VITAS).

Speaking at a seminar co-hosted by VITAS, Ministry of Industry and Trade (MoIT), Vietnam Cotton and Spinning Association, and the International Trade Centre, Mr. Giang stated that Vietnamese textile producers are set to import increasing quantity of cotton from the African countries.

In 2010, Vietnam imported 357,300 tons of cotton including from India, the US, Africa and a number of other countries. However, cotton imported from African countries was best able to meet the requirements of the domestic industry, Mr. Giang said.

Deputy Minister of MoIT, Ho Thi Kim Thoa, said that mutual trade between African nations and Vietnam has grown considerably over the past few years. But, a huge potential still remains unexploited, she added.

Further while speaking at the meeting aimed at enhancing cotton exports from East and Southern Africa to Vietnam, Ms. Thao said that the meeting would help in better dissemination of information regarding cotton output and markets while developing a direct link between Vietnamese firms and their African associates.

Vietnam imported 47,659 tons of cotton from Africa at a cost of US$ 193.86 million during last year. The imports of cotton from South Africa alone stood at 16,768 tons costing around US$ 68.86 million.

The Vietnamese producers were required to import cotton from Africa through intermediaries, which posed many problems both for the importers as well as the exports and even led to a rise in import costs.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: India ITME

Textiles | On 8th Dec 2016

Industry needs to create 1cr jobs in 3yrs: Kavita Gupta

Sharing several initiatives laid out by the government in R&D,...

Textiles | On 8th Dec 2016

Package will boost made-ups sector: SIMA

The reforms package approved by the Union Cabinet to boost employment ...

Textiles | On 8th Dec 2016

Cabinet okays reforms to boost jobs in made-ups sector

The Union Cabinet chaired by prime minister Narendra Modi has given...

Interviews View All

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
December 2016

December 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


Advanced Search