Trade minister asks for garment export delay

Minister of Trade Truong Dinh Tuyen warned Vietnamese garment exporters on October 18 that they should negotiate with their US partners to postpone delivery of cotton shirts for men and women until early 2005.
If delivery is necessary, local firms should ship the goods after December 10, 2004 so that the products will arrive in American ports after January 1, 2005.
The minister’s issued the warning because the ministry has already nearly used its entire cotton shirt export quota to America this year.
For shirts already exported this month, the ministry asked local enterprises to follow the quota allocations on the ministry’s website to help the companies plan deliveries accurately.
In addition, the ministry also asked the exporters to send detailed reports of their deliveries so that it can co-ordinate with the companies to regulate deliveries and address emerging problems early.
The ministry’s warnings aim to avoid damage to goods sitting American ports for long periods of time.

 

Category: Business