Chinese Clothing Shoes And Other Products Defeat Vietnamese Products
according to
Vietnam?
The import and export data of Vietnam last year amounted to 12 billion 700 million US dollars, 8 times that of 2002.
Vietnam's total exports to China last year amounted to US $7 billion 300 million, but the value of imports from China amounted to US $20 billion.
Statistics show that products are almost everywhere, and Chinese products can be seen in trade centers, supermarkets and retail markets.
Moreover, most of the products are manufactured and provided by domestic enterprises in Vietnam, such as clothing, toys, shoes, vegetables, fruit and so on.
In the ninth County of Hu Zhiming, there is a special area for toys. The industry says that we do not sell toys made in Vietnam this year because no one buys them.
The competitiveness of Vietnamese toys is too poor to compete with imported toys.
Take the mobile phone as an example, the electronic products and components made in mainland China have appeared in almost all mobile distribution centers and telephone supply stores, and have been favored by consumers. Mobile phones in mainland China have almost exclusively occupied the sales market of Hu Zhiming mobile phones.
According to statistics from the customs and Excise Department of Vietnam, Vietnam imported $936 million mobile phone last year, and China has 791 million US dollars, accounting for 84.5%.
The report said that China's low import prices, high profits and abundant varieties were the reasons for defeating Vietnam's products.
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