NDO – The Australian cotton trade delegation visited Vietnam, with the goal of strengthening cooperation between Australian cotton manufacturers and Vietnamese textile and garment factories, with activities in Ho Chi Minh City, Ho Chi Minh City. Hue and Hanoi Capital, from August 7 to 11.
This is the second visit to Vietnam within 12 months of the Australian cotton industry – highlighting the importance of the Vietnamese market to Australia; especially in the year of the 50th anniversary of the establishment of diplomatic relations between the two countries.
In 2022, Vietnam is the largest importer of Australian cotton yarn with 38.8% market share. According to current trends, Vietnam will likely continue to lead the market share in the coming years.
During the period 2020-2022, cotton imports from the Australian market to Vietnam increased from 78 million Australian dollars to 1.69 billion Australian dollars.
This is the second visit to Vietnam within 12 months of the Australian cotton industry – highlighting the importance of the Vietnamese market to Australia; especially in the year of the 50th anniversary of the establishment of diplomatic relations between the two countries.
In 2022, Vietnam is the largest importer of Australian cotton yarn with 38.8% market share. According to current trends, Vietnam will likely continue to lead the market share in the coming years.
During the period 2020-2022, cotton imports from the Australian market to Vietnam increased from 78 million Australian dollars to 1.69 billion Australian dollars.
Ms. Rebecca Ball, Senior Trade and Investment Counselor, Australian Government Trade and Investment Agency (Austrade) spoke at the conference: “We are very happy to welcome back Australian cotton industry representatives. Vietnam with a larger and more diverse delegation this year, including long-standing “iconic” brands, as well as innovative young brands, workwear brands, school clothing brands, with leading cotton experts from CSIRO.
“Australian cotton has a story we’re very proud of, representing modern Australian agriculture – with many sustainable practices, the industry has significantly reduced the amount of pesticides and water required to produce This high-quality cotton fiber. The Vietnam Visit Week is an opportunity to express gratitude, tighten existing relationships and create and connect new relationships,” Ms. Rebecca Ball emphasized.
The week of visits to Vietnam by the Australian cotton business delegation is organized by the Australian Cotton Association (ACSA) and Cotton Australia with the support of the Australian Government Trade and Investment Agency (Austrade); including factory visits and seminar series in: Ho Chi Minh City, Hue City and Hanoi Capital.
A series of seminars sharing information about the Australian cotton industry, updates on the 2023 crop, and the needs of brands; as well as providing Australian cotton producers with a deeper understanding of Vietnamese textile factories.
Since becoming the first Australian agricultural sector to undertake an environmental impact assessment in 1991, the Australian cotton industry has been committed to continuously improving sustainability.
Australia applies the Planet.People.Paddock sustainability framework, contributing to 11 of the United Nations’ 17 Sustainable Development Goals (SDGs).
From 1992 to present, industry research data shows improvement in many aspects. After efforts to apply and improve the sustainability framework, Australia has reduced the amount of water by 52%, the amount of pesticides by 97% and the land area needed to grow and produce a bale of cotton by 34%.
Mr. Rob Cairns, Export Marketing Consultant of ACSA shared: “The Australian cotton industry wants to build a deeper relationship with the Vietnamese textile and garment industry to meet the growing needs of the market in the coming years. . This visit was the first to include a full complement of representatives from ACSA, Cotton Australia along with brands and CSIRO researchers to fully convey why Australian cotton is the most suitable fiber for the textile industry. Vietnamese”.
Ms. Ashley Hollis, Brand Relations Manager of Cotton Australia shared: “Through this trip we heard from Vietnamese textile factory representatives about their love for quality, color and durability. durability of Australian cotton. In addition, the participation of Australian brands has opened up valuable discussions and information sharing about Australian cotton to Vietnam, especially about product traceability strategies, quality, social and environmental impact”.
Source: Nhan Dan Newspaper – Duong Duong