An agreement on cooperation has been signed between VITAS, and the Texas Cotton Association and the Cotton Council International of the US.

Under the agreement, the US will supply cotton and provide Vietnam with technical assistance.
They will also help in personnel training and co-organise trade promotion activities.

The US is the biggest cotton supplier in the world, producing over 3.2 million tonnes in the 2008-2009 crop. It is also the biggest cotton provider for Vietnam, making up 30 percent of the country’s imported cotton volume.

Meanwhile, Vietnam has been in the top five exporters of textile and garment to the US for the past three consecutive years, with an export value of US$4.29 billion per year.

This year, Vietnam is expected to export US$5.4 billion worth of textiles and garments to the US market to secure the second place following China.