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also the largest importer of materials for domestic production.
2. Transition has been difficult for the textile industry.
Traditional markets such as the USSR and Eastern European
countries have collapsed. New markets in newly industrialized
countries, the EU and Japan, require high quality products, and
often raise entry barriers to Vietnamese textile products.
3. Vietnamese firms import a huge amount of textile products. In
1997, 23 countries exported textile products to Vietnam. The
biggest players are Taiwan, South Korea, and Japan, with the US
ranked 14th. Textile imports have swamped the domestic
producers, creating problems for them...
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