Textile Industries In Vietnam Case Study

Improved Essays
II. Major risks for textile and garment enterprises in Vietnam
1. Competitor risks
In Vietnam, the employees are hardworking and labor costs are nottoo high, but the infrastructure and equipment of the textile industry are backward, cannot meettimely development requirements of the garment industry, production of raw materials in Vietnam isstill weak, textile industry still dependson imports (imports of cotton90%, fabric imports about 70%). These factors make the pricetextile products of Vietnamhigher than that some competitors.
Table 5. Average export prices of textile and garment products into US market (USD)
Cat. Unit China India Pakistan Bangladesh Sri Lanka Vietnam Indonesia
1 M2 2,67 3,72 2,08 2,06 3,53 3,33 3,35
31 M2 2,65
…show more content…
Delay in implementing regulations on the transfer of quotas as well as the process of putting it into execution often make factories that are missing quota fall into a difficult situation when foreign partners continue to contract and switch to another enterprise with quota or even withdraw from the Vietnam market to switch to other neighboring markets where they do not have to worry about the risks brought by the quota .Investing too much in the garment industry and unfocused …show more content…
Risk in negotiating and signing the contract
Vietnamese textile and garment enterprises often depend on the foreign partners’ ways to translate document or interpreting the meeting. This proves that enterprises do not pay much attention to having employee who are good at English. Those enterprises often hire interpreters to translate when foreign partners come to negotiate some businesses.
In addition to this risk, there are many risks if the negotiating staffs donot understand the information on the goods, and their partner. According to the actual survey of 50 textile enterprises, most do not use of technical personnel in the negotiations to adviseand the decisions are made by Director (or officials negotiating decisions). Just a few enterprises have the participation of technical staff in the negotiations.
Besides, if negotiating staff do not know the entire situation, they can make enterprise meet some following

Related Documents

  • Improved Essays

    CHANGES IN CLOTHING Clothing has been changing form time to time over hundreds of years. Styles have been changing because of the social changes in America. Throughout history there has been a direct relationship between clothing styles and development in clothing materials. Clothing is used to cover people and keep them warm or protect them.…

    • 431 Words
    • 2 Pages
    Improved Essays
  • Decent Essays

    The English textile factories were bad for the health of the working class families because they were in really bad working conditions like for example in children's hands and arms have been caught in machinery in many instance the muscles, and skin is stripped down to the bone, and in some instances a finger or two might be lost. They were so bad that they could not remain ten minutes in the factory without gasping for breath. In document c the one writing the document he says that the time that they worked was five in the morning til nine or ten at night and on Saturday until eleven or twelve o’clock at night and then were sent to clean the machinery on Sunday. No time was allowed for breakfast and sitting for dinner.…

    • 209 Words
    • 1 Pages
    Decent Essays
  • Improved Essays

    I do not think that the English Textile factories were a good place for the health of the working class, because it was not a safe environment, there were a lot of little kids working machines, the workers of all ages worked for very long periods of time a day (5 am to like 10+pm), and also they got beaten at the factories. The English Textile factories were horrible with the health of their workers, kids of the age of 5 and older were working and they would hurt themselves or even others on accident because they were so young and did not have that much knowledge or experience of how to work the machines, But honestly, who expects a 5 year old to know how to work a machine like they had back then in the factories? Also back to the little kids, they got hungry and tired more easily than the adults did probably. Because they were so young, they usually got naps every now…

    • 528 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    PM 598 Final Exam Keller Purchase here http://devrycourse.com/pm598finalexamkeller Product Description TCO A) All the below are tools and techniques of conduct procurement, except (Points : 5) (TCO A) All the below are tools and techniques of control procurement, except (Points : 5) (TCO B) Proper selection criteria are critical for a successful project.…

    • 985 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Part 2: Essay. Describe the argument that inequality constrains a consumer society. Inequality refers to the inequity of members of a consumer society, a society that is built around consumption, the buying and selling of goods and services, to consume equally and the inequity placed onto other societies by a consumer society. Not all members of a consumer society can indulge in the choices and freedoms that are said to exist in a consumer society as they are constrained by various factors to be discussed. Moreover, a consumer society creates inequalities not only within itself but outside of its boundaries too, creating inequalities in other societies around the globe, constraining many people of good working conditions and a living wage…

    • 1208 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    There are many reasons why I believe textile factories are not safe for the working class families. The first reason why textile factories are not safe for working class is the low-pay of money and health conditions. In an interview with the House of Lords, Dr.Ward noted that “Cotton factories are highly unfavorable, both to the health and morals. They are really nurseries of disease, vice”. This verifies that if you work in factories that there is a high chance of you”ll get a disease.…

    • 439 Words
    • 2 Pages
    Improved Essays
  • Great Essays

    Linh Nguyen is my favorite nail technician in Richmond, Virginia. She goes by the American name of “Tina” which she selected. Tina was born and raised in Vietnam. Her family members migrated to the United States over the course of her life. To migrate to this country legally takes a long time as well as a lot of money.…

    • 1145 Words
    • 5 Pages
    Great Essays
  • Decent Essays

    I am against that the textile factories were bad for the health of the workers. The reason I am against it is because it is not good for your health, here are some reasons why. In the paragraph on Document A one of the answers it says that when the workers get out work they go to the doctor and become patients. The reason they go to the doctor is because their health is not good.…

    • 345 Words
    • 2 Pages
    Decent Essays
  • Great Essays

    An American Sign Language (ASL) Interpreter holds the responsibility of facilitating communication for Deaf or hard of hearing (HOH) individuals in a setting involving a hearing, or not deaf, person. Interpreters must be fluent in both English and ASL in order to effectively facilitate communication. Interpreters work for their Deaf client but also work for the hearing client as well. Interpreting is not just about serving the deaf person and making sure they understand, it is making sure both parties involved are reaching a mutual understanding. There is a high demand for qualified interpreters in many different settings from legal interpreting, mental health interpreting, educational interpreting, religious interpreting to oral interpreting.…

    • 1595 Words
    • 7 Pages
    Great Essays
  • Improved Essays

    Imperialism has played a significant role in the outcome of history as we know it, Imperialism has led to many revolutionary world changes and it has led to the solidification of the world trade system despite how terrible the trade good was that solidified this system. Imperialism has led to great and terrible changes in the course of the history of the world. For example a terrible change the was brought about by Imperialism is that it was the Imperialism of many different parts of the continent of Africa the facilitated the terrible capturing and selling of native Africans so that they may dedicate what would likely be the rest of their lives to working under a master as a slave. However, Imperialism also brought the world many good things as well, for example, it was Imperialism that…

    • 656 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Poor working conditions were a result of unregulated businesses in the early 20th century. Prior to the fire at the Triangle Shirtwaist Factory, all businesses were thought of as private, therefore, not available to be regulated. Many factory workers endured long hours in a generally insanitary area with poor ventilation, and no notice of the dangers of their occupations and how to avoid them (“Preliminary Report,” 1912). In the case of the Triangle Shirtwaist Factory, the door had been locked during work hours, and only one fire escape on a ten-story building. According to the report of the FIC, “health is the principle asset of the working man and woman” (“Preliminary Report,” 1912).…

    • 220 Words
    • 1 Pages
    Improved Essays
  • Great Essays

    The Industrial Revolution brought advancements in the fields of technology, transportation of goods, science, agriculture, and production. The expansion in the industries of textile manufacturing, mining, glass making and agriculture generated significant changes in foreign trade and had introduced mass production in large-scale factories. The construction of facilities increased as technology evolved in rural areas because the demand for workers decreased which called for large quantities of people to start migrating towards urban locations. To improve the speed of production inventors had created inventions such as the spinning jenny, water frame, and power loom and each of them played a significant role in the rapid production of goods.…

    • 1590 Words
    • 7 Pages
    Great Essays
  • Decent Essays

    Often, there was a distribution of the jobs. There were small categories where people were allocated to do specific jobs. For example many textile mills had careers, spinners, weavers and doffers (20). All these categories had different roles in the textile industry. Carders work to reduce the entangles mass with in the fibre (21).…

    • 158 Words
    • 1 Pages
    Decent Essays
  • Improved Essays

    The industrial revolution marked the beginning of ready-made clothing, and while ready-made clothing had its problems and flaws the process of hand making clothing required more challenges such as time, materials, and sizing. Compared to ready-made clothing the time it took to produce a single piece of handmade clothing was expediential. (For the most part, families made their own clothing by hand from fabric they made or purchased locally) (Tailoring). With this family’s would spend large amounts of time making the clothing that they would wear every day. It was later during the renaissance when wealthier families would hire a tailor to produce their clothing (tailoring).…

    • 449 Words
    • 2 Pages
    Improved Essays
  • Improved Essays

    a. Direct material usage:  The result is favorable as less polyester and lining material has been utilized than the standard quantity.  Possible causes: - Higher quality of materials purchases than the standard. - Effective usage of skilled labor / experienced or well-trained workers.…

    • 564 Words
    • 3 Pages
    Improved Essays