According to Mr. Vu Duc Giang, Vietnam is the third largest cotton importer in the world with consumption output of 1.5 million tons / year, of which more than 800,000 tons is imported from the US (accounting for 60% of total import volume. ). The whole textile and garment industry has so far exported US $ 19 billion, down 13.5% over the same period. In 2020, the export target of Vietnam's textile and garment industry is 40 billion USD, but it is estimated that it can only reach 32 billion USD. In which, the traditional products of Vietnam's textile and garment industry are veston, shirt ... down 70%, even 80% compared to the plan. "Never before, Vietnam's textile and apparel industry has been under so much pressure. All plans are almost changed without a sustainable plan" - Mr. Giang commented.
Cotton Day is a major event of CCI, held in many Asian countries since the early 1990s to create a space for exchanges between textile enterprises with partners, suppliers and experts. cotton industry.
In this year's event, the world's leading speakers and many senior leaders of CCI and VITAS will update the hottest current topics on the global cotton industry during the Covid-19 epidemic, the broadcast program. the latest sustainable development of the US cotton industry and solutions to support textile businesses in the "new normal" period.
https://cafef.vn/nganh-det-may-viet-nam-chiu-qua-nhieu-ap-luc-20200916072327693.chn
Source: Cafef.vn
