|At a textile and garment factory in HCMC|
This is the first report released since the US began imposing import monitoring mechanisms on Viet Nam's textile and apparel products as it sought evidence for an anti-dumping lawsuit.
The DoC said it would still continue its import monitoring program until the end of 2008. The second conclusion on the issue is expected to be announced in mid-March 2008.
VITAS continues to oppose the monitoring mechanism and is lobbying the US to narrow its scale or dispense with the non-tariff barrier.
Many Vietnamese businesses report the application of this mechanism causes negative impacts on their production and export activities as it increases the risks of both US importers and themselves.
Garment and textile industry export turnover in the first ten months of the year was US$6.4 billion, with the US market making up a half of the figure.