Vietnam’s economy has continued to rebound after the COVID-19 pandemic, while also being affected by global inflation and local price hikes for ingredients.
Vietnam
Vietnam: Cotton and Products Annual – April 3, 2023 GAIN Report
Post estimates that Vietnam cotton imports in marketing year 2022/23 (MY22/23) will decrease at least 5 percent year on year to nearly 6.3 million bales due to ongoing global low demand for textile and apparel products.