Investigation Of Problems Countries Have Faced Due

Article 1: Despite WTO, Vietnam faces problems in crop exports November 21, 2008 near Business, News A female worker is pictured at a shirts production line of a local dress out bon ton in Hanoi. Vietnam is expected to earn around $9.2-9.3 one million million this class from material and garment exports. Since Vietnam joined the WTO, its textile and garment arena has enjoyed opportunities to expand markets but also faced difficulties resulting from achievable US protectionism and limited competitiveness of local firms. Firms biggest problem right off is the US inadvertence of textiles and garments imported from Vietnam and the possibility of an antidumping investigation, chairman of the Vietnam fashion model and primp Association, Le Quoc An, said at a crowd held in Hanoi Thursday to assess the WTO impact on the sector. unreassuring about the problems that could arise from the control, most American importers corresponding Macy and Hagel father withdr awn orders from Vietnam and given them to early(a)(a) countries. The pressure has also seen roughly local and foreign firms defer investments in Vietnam, he said. The US, Vietnams biggest garment market, providing about 55 percent of its total textile and garment export revenues, may extend the special supervision mechanism by at least one year, he said.

Originally, the mechanism was to apply to trousers, shirts, underwear, swimwear and sweaters in 2007-2008. Nguyen Thi Hong Tin, head of marketing for the Vietnam material and Garment Group, said Vietnamese garments would find it hard to mark the US market fr om next February when it starts applying str! icter new regulations on safety device of imported products. In other problems, the financial turmoil and efficient recession have weakened US purchasing yield while a labor shortage has hit Vietnamese textile and garment makers. Increasing foreign investment (in other fields) in industrial parks, mainly in Ho ki Minh City, has caused a shortage especially of skilled labor in the garment...If you want to get a full essay, order it on our website: BestEssayCheap.com

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