Likelihood is, when the historical past books are rewritten, 2008 will go down as a “watershed” yr of types within the US concerning the economic system. The decline within the US inventory market echoed the share of decline that it had not seen the likes of in practically 80 years. Nevertheless, regardless of the impact that this had on the worldwide economic system attributable to a devalued US Greenback, the economic system of the Vietnamese market continued to flourish simply because it has been because the mid-1990’s 원산지 위반.
The main exports from Vietnam as we speak are cotton attire, family furnishings, and crude oil, however over the previous few years, there appears to be a shift on this pattern. Importing from Vietnam has turn out to be a viable entity as we speak, making international locations conscious of the potential that this Southeast Asian market holds for the worldwide economic system. Elevated demand is being evidenced within the following areas:
o iron and metal mill products (semi-finished)
o plywood and wooden veneers
o diamonds – each uncut and unset
o home equipment – family and kitchen
o DVD gamers, televisions, and diverse video equipment
As of the top of 2008, 3 out of the 15 main classes of US imports from Vietnam exceeded the $1 billion (USD) mark. These had been clothes and textiles ($4.4 billion USD), leather-based sneakers ($1.1 billion USD), and wooden/wooden veneered furniture ($1.1 billion USD). In order one can see, the potential market for this stuff is exhibiting constant upward development.
Because it stands as we speak, the US is the most important importer of Vietnamese manufactured products, which ought to come as no shock since that nation is the world’s largest importer. Present estimates are calling for a 14.5% development in imports from Vietnam into the US in 2009. Moreover, if Vietnam needs to penetrate deeper into different markets, the nation will little doubt discover itself competing fiercely with different rival international locations for supremacy available in the market.
