Home / Knowledge / News / Textiles / Vietnam, US bodies discuss cooperation in cotton trade
Vietnam, US bodies discuss cooperation in cotton trade
13
Sep '13
US cotton exporters, represented by the US Staple Cotton Cooperative Association, have discussed ways to step up cooperation with their Vietnamese customers in Ho Chi Minh City.
 
During the meeting, Vietnam Cotton and Spinning Association (VCOSA) secretary general Nguyen Hong Giang said mutual understanding between the US’s cotton sector and Vietnam’s spinning industry would play an important role in enhancing trade relations and reducing risks caused due to changes in prices and markets, Vietnam Plus reported.
 
Hank Reichle from the US Staple Cotton Cooperative Association said they have launched a programme to support their Vietnamese customers.
 
During the meeting, the two sides exchanged information about cotton output as well as global demand and supply situation. 
 
Both sides also discussed risk control solutions in order to better cope with fluctuation in prices.
 
The demand for cotton is rapidly growing in Vietnam, along with its increase in apparel and textile exports.
 
In 2012, Vietnam imported 420,000 tons of cotton, which puts it amongst the top five cotton importers in the world. The country is also one of the top ten consumers of cotton, globally.
 
Vietnam imports about 40 to 50 percent of its cotton requirement from the US.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 27th Apr 2017

Maharashtra govt working on second textiles policy

The textiles department of the government of Maharashtra is working...

Apparel/Garments | On 27th Apr 2017

EC takes action to make garment sector more sustainable

The European Commission (EC) has presented a set of focused actions...

Textiles | On 27th Apr 2017

Seven new organisations join ZDHC Programme

The Zero Discharge of Hazardous Chemicals (ZDHC) Programme from...

Interviews View All

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

C. Dhandayuthapani
Mag Solvics Pvt. Ltd

ITME 2016 exploited our full strength like never before

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Bani Batra

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

Jay Ramrakhiani
Occasions Elegance Wear

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

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

news category


Related Categories:
April 2017

April 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X