Possible niche markets and product groups to be targeted
Chapter 6 - Market profiles - Vietnam
Viet Nam will continue to import uncarded and uncombed cotton for the major part. Furthermore, as part of its WTO commitment, the Government of Viet Nam is reducing support to the Vietnam Cotton Company, which is the company in charge of the national cotton development programme. This is leading the Vietnam Cotton Company to sell its cotton at market prices in competition with cotton imported from other countries.
So far, the Ministry of Agriculture and Rural Development has not approved the mass production of organic cotton in Viet Nam. As a result, foreign suppliers of organic cotton to Viet Nam will not see competition from domestic suppliers for some years.