VITAS President Vu Duc Giang said that Viet Nam has to import a large amount of cotton as the domestic sector meets only 0.04% of demand. Among supply sources, cotton from the U.S. is considered the highest quality, accounting for up to 60% of total cotton imports.
He said that the Cotton Day is expected to enable Vietnamese firms to use the COTTON USA label on their products. Since 2017, the CCI has helped Vietnamese fashion brands use U.S. cotton to enhance their products’ quality.
The event aims to connect Vietnamese apparel enterprises with partners and suppliers and gives Vietnamese companies the latest information on global supply and demand for cotton.
The Cotton Day is one of the CCI’s biggest events in Asia. The event was initiated in Japan in the 1990s and has been held in the Republic of Korea, China, Thailand, and Bangladesh.
The Cotton Day 2017, co-hosted by CCI and the Vietnam Textile and Garment Association (VITAS).
By Vien Nhu