Vietnam imported cotton to the tune of US$187 million in October, up from US$167 million in September, a change of 12.26 percent, according to preliminary data from Vietnam’s General Department of Customs.
Year to date, Vietnam had imported US$2,447 million worth of cotton by the end of October.
The USA accounted for US$72 million worth of Vietnam’s cotton imports in October. This was down from US$81 million in cotton imports in September, a change of 11.16 percent. Year to date, USA has shipped US$1,214 million worth of cotton to Vietnam.
After USA was Australia making up US$54 million worth of Vietnam’s cotton imports in October. This was up from US$43 million in cotton imports in September, a change of 24.95 percent. Year to date, Australia has shipped US$268 million worth of cotton to Vietnam.
Next was Brazil contributing US$33 million worth of Vietnam’s cotton imports in October. This was up from US$14 million in cotton imports in September, a change of 133 percent. Year to date, Brazil has shipped US$667 million worth of cotton to Vietnam.
Following Brazil was Argentina representing US$9 million worth of Vietnam’s cotton imports in October. This was up from US$4 million in cotton imports in September, a change of 107.52 percent. Year to date, Argentina has shipped US$35 million worth of cotton to Vietnam.
Rounding out the top five was India constituting US$8 million worth of Vietnam’s cotton imports in October. This was up from US$7 million in cotton imports in September, a change of 10.89 percent. Year to date, India has shipped US$80 million worth of cotton to Vietnam.
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Vietnam imports of cotton in October, US$millions
| October | September | MoM | YTD | |
| Total | 187.35 | 166.89 | 12.26% | 2,447.30 |
| Other | 9.30 | 13.39 | -30.52% | 149.02 |
| USA | 72.21 | 81.29 | -11.16% | 1,214.41 |
| Australia | 53.83 | 43.08 | 24.95% | 268.26 |
| Brazil | 33.43 | 14.35 | 133.00% | 667.48 |
| Argentina | 8.67 | 4.18 | 107.52% | 35.07 |
| India | 8.15 | 7.35 | 10.89% | 79.70 |
| Indonesia | 1.27 | 1.33 | -4.05% | 15.76 |
| Ivory Coast | 0.28 | 1.66 | -83.09% | 13.62 |
| South Korea | 0.16 | 0.27 | -40.61% | 2.15 |
| Pakistan | 0.04 | 0.00 | 0.00% | 0.46 |
| China | 0.00 | 0.00 | 0.00% | 1.38 |
| Taiwan | 0.00 | 0.06 | -100.00% | 0.14 |
Listed garment companies
Tien Son Thanh Hoa Group
Tien Son Thanh Hoa Joint Stock Company (AAT) operates in export garment production, hotel services, agribusiness, and industrial leasing, with five active factories.
AAT closed at VND 3,400 on Tuesday down 0.07 percent with 411,000 shares traded, worth VND 141 million.
Foreign ownership in AAT is currently capped at 0.0 percent, with current foreign ownership sitting at 0.0 percent.
Binh Thanh Import Export Production and Trade JSC
Binh Thanh Import Export Production and Trade JSC (GIL) manufactures and exports garments, backpacks, and home goods.
GIL closed at VND 14,650 on Tuesday down 0.1 percent with 2,347,000 shares traded, worth VND 3,409 million.
Foreign ownership in GIL is currently capped at 50.0 percent, with current foreign ownership sitting at 1.3 percent.
Song Hong Garment JSC
Song Hong Garment JSC (MSH) manufactures and exports garments and textiles for global fashion brands.
MSH closed at VND 33,800 on Tuesday down 1.35 percent with 8,493,000 shares traded, worth VND 29,046 million.
Foreign ownership in MSH is currently capped at 50.0 percent, with current foreign ownership sitting at 5.4 percent.
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Vietnam’s textiles and garments news
Recent developments in Vietnam’s garment and textiles sector.
Garment maker to pickleball court rental
Garmex Saigon, once a leading garment manufacturer, now earns most of its income from leasing land for pickleball courts.
Its third-quarter revenue was just VND 452 million or about US$17,000, with 63.5 percent from a rental contract with Vinaprint, while garment sales contributed only VND 5.4 million or US$205.
After years without export orders, the company halted production in 2023 and laid off nearly all 4,000 workers, leaving only 29 staff by September 2025.
Viet Coolmate brands’ capital raising
Vietnamese fashion start-up Coolmate completed its Series C funding round led by Vertex Growth Fund, with participation from Cool Japan Fund, YoungOne CVC, and existing investors.
Vertex Growth Fund CEO James Lee said Coolmate represents a new generation of Vietnamese digital-first brands combining disciplined operations, product innovation, and global ambition.
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Vietnam’s cotton industry
Vietnam’s garment industry is one of the country’s largest export earners, powered by a deep supply of skilled labour and long-standing relationships with global brands.
Factories produce a wide range of apparel, from sportswear to fast fashion, benefiting from trade agreements that provide tariff advantages in major markets.
The sector has been moving up the value chain as firms invest in automation, design capabilities and more sustainable production methods.
However, manufacturers continue to face pressures from rising wages, shifting orders from international buyers and increasing environmental compliance requirements.