During the first 10 months of this year, Vietnam shipped $7.5 billion in apparel and textiles to primarily the United States and Europe, according to the Vietnamese General Statistics Office.
Vietnam's apparel manufacturing sector has grown rapidly ever since the U.S. government early this year stopped monitoring Vietnamese apparel coming into the United States. The Bush administration feared that Vietnam would dump apparel goods on the U.S. market and started closely watching import prices in 2007 to determine whether anti-dumping duties should be imposed.
The Department of Commerce held six-month reviews of five different apparel products-trousers, shirts, underwear, shoes, swimwear and sweaters-but found no signs of dumping.
It will help the sector to improve its presence and penetration in the markets such as Australia, New Zealand and the US, and to achieve the target of bringing in $150 million revenue per year so well as to employ more than 6,000 people.
The industry also recommends a new scheme to establish sewing concerns in a bid to employ women, who are currently on welfare, to make them independent and also to support local people to cross over the poverty level.
American Apparel reported a profit of $4.2 million, or 5 cents a share, from $2.3 million, or 3 cents a share, a year earlier. A year earlier, the period included merger-related compensation expenses, excluding which earnings were 16 cents a share.
Revenue decreased 2.9% to $150.3 million, as same-store sales dropped 16% on a so currency basis.
Gross margin leapt nine percentage points to 58.1%, and rose only slightly from last year's margin excluding merger expenses of 57.6%.
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The closest I've been to Vietnam was when I read Graham Greene's, "The Quiet American". and watching Anthony Bourdain's, "No Reservation Vietnam"
China and other growing developing nations have been pressing for Western nations to offer technology and other support to help them reduce the intensity of emissions blamed for global warming.
But the emerging economies have resisted legally binding requirements, saying it is not they, but wealthy nations which bear responsibility for carbon emissions.
Speaking at a seminar in London last week on 'Global Sourcing Skills and Supply Chains,' Butler said: "Quite often sourcing just looks at how we get products at the lowest price possible, but a sourcing strategy looks at how you get product at the right price and quality and in a balanced way.
By developing the right sourcing strategy it is possible to maintain margins and not get drawn into an increased level of markdown towards the end of the season.
Butler also points out that shoppers also have higher expectations too, not only for newness but in the use of technology such as the internet to make price comparisons.
Tom's Hardware rounded up five high-end P55 motherboards, not too difficult considering LGA1156 pricing these days. There isn't much room for differences up in the clouds.