Home / Knowledge / News / Textiles / Crop switch to dwindle cotton production by over 50%
Crop switch to dwindle cotton production by over 50%
01
Jul '09
Farmers' shift to more profitable crops such as corn, sweet potatoes and soybeans will result in 56 percent fall in cotton production this year in Vietnam, said the US Department of Agriculture.

As per the report, in the cotton year ending on July 31, cotton production will fall down to 2,570 tons from 5,880 tons a year earlier, since the area under cultivation decreased to 5,210 hectares from 12,500 hectares.

The report also said that the cotton output will rise to 2,960 in the next cotton year. The worldwide economic slowdown left its marks on the demand from the garment and textile industry, which will result in the fall of imports in current crop year probably by 8.1 percent to 230,000 tons from 250,150 tons in the previous year.

The Vietnam National Textile and Garment Group (Vinatex) intends to invest VND3.5 trillion to expand the cotton planning area in three Central Highland provinces.

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: The White House

Textiles | On 21st May 2018

China, US put trade war on hold

Following weeks of uncertainty over imposition and counter-imposition ...

Equate posts best Q12018 results since inception

Textiles | On 21st May 2018

Equate posts best Q12018 results since inception

Equate Group's first quarter results for 2018 are the best since its...

Over 60% retailers already have IoT platforms: IDC

Apparel/Garments | On 21st May 2018

Over 60% retailers already have IoT platforms: IDC

Retail organisations are adopting IoT platforms and more than 60 per...

Interviews View All

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Deepak Jain
Baggout

We are using Facebook and Instagram to promote ourselves

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Mala Alwani

<div>Delhi-based fast fashion womenswear brand, Besiva, aims to bridge the ...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Marten Alkhagen
Swerea IVF AB

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

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

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

Leave your Comments


May 2018

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

news category


Related Categories:

Advanced Search