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“p class=”MsoNormal”>”span style=”font-size: 10pt; line-height: 115%; font-family: "Verdana","sans-serif";”>During a meeting with the cotton producers from Africa in Hanoi on May 8, Le
Quoc An stated that, Vietnam with a work force of two million workers in
apparel sector is amongst the top 10 garment exporting countries. Also, during
the previous year the sector through its exports had generated total revenue
amounting to $9 billion.”br>
“br>
Some portions of the regions in the country are considered just perfect for
cotton cultivation but they cater only to 10 percent of country’s overall
demand. This year, in the first quarter itself 92,000 tonnes of cotton was
imported in the country, whereas during the entire previous year 300,000 tonnes
of cotton was imported.”br>
“br>
While Africa, India and US are the leading suppliers of cotton to Vietnam,
around 50 percent of this is imported from different African regions.”br>
“br>
With the country’s cotton requirement likely to rise by one million tons per
year, Vietnam is hunting for other markets from where it can procure good
quality cotton.”o:p>”/o:p>”/span>”/p>

Date:5/12/2010

Source:www.just-style.com

Newer PAKISTAN: 15% duty slapped on yarn export
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Older Cotton cultivation is gaining back