Investigation Of Problems Countries Have Faced Due

Article 1: Despite WTO, Vietnam faces problems in coiffure exports November 21, 2008 more or less Business, News A female worker is pictured at a shirts production line of a local trim bon ton in Hanoi. Vietnam is expected to earn around $9.2-9.3 cardinal 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 possible US protectionism and limited competitiveness of local firms. Firms biggest problem directly is the US inadvertence of textiles and garments imported from Vietnam and the possibility of an antidumping investigation, chairman of the Vietnam mannequin and primp Association, Le Quoc An, said at a concourse held in Hanoi Thursday to assess the WTO impact on the sector. unreassuring about the problems that could arise from the charge, most American importers deal Macy and Hagel father withdrawn orders from V ietnam and given them to separate(a) countries. The pressure has also seen some(prenominal) 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 fabric and Garment Group, said Vietnamese garments would find it hard to record the US market from next February when it starts applying stricter new regulations on circu! mspection of imported products. In other problems, the financial turmoil and sparing recession have weakened US purchasing render 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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