Vo Manh Hung, CCI Chief Representative in Vietnam speaks at the press conference (Photo: VNA) HCM City (VNA) – Cotton Day Vietnam2020 will take place virtually on September 22, gathering leading scholars fromVietnam and the US.
The information was announced at a press conference on September 14, which wasjointly organised by the Vietnam Textile &Apparel Association (VITAS) and the USCotton Council International (CCI) in Vietnam - the non-profit trade association of the US.
This is one of the CCI’s major events held in many Asian countries, aiming tocreate a venue for meetings and trade exchanges between textile enterprises, partnersoperating in the textiles and garment industry, suppliers and experts as well.
The Cotton Day event was first introduced in Vietnam in 2017. Since then it hasbecome a place for fashion brands and businesses to seek investment andbusiness cooperation opportunities.
Vo Manh Hung, CCI Chief Representative in Vietnam said CottonDay Vietnam 2020 will offer a good chance for businesses to access marketinformation, consumer trends across the world.
Theonline event is hoped to solve challenges as US and Vietnamese cottonbusinesses have had difficulties in connecting and promoting trade exchangesince the beginning of 2020.
According to Chairman of VITAS Vu Duc Giang, US firms always consider Vietnamas a key market for the US cotton industry, while Vietnamese enterprises preferUS cotton because of its stable quality.
Every year, the CCI continuously organises trade and investment promotion activities,and those to share experience on corporate governance and production methodsamong manufacturing factories in the region and the world, Giang said, addingthat these are practical activities, helping Vietnam's textile and garmentindustry expand its market and improve its competitiveness.
Vietnam is the third largest cotton importer in the world hitting1.5 milliontonnes per year, including over 800,000 tonnes of cotton imported from the US./.
VNA
