• Tuesday, January 22, 2019

Trade war buoys apparel industry in Bangladesh and Vietnam

Discussion in 'Bangladesh Defence Forum' started by Viet, Dec 15, 2018.

  1. Viet

    Viet ELITE MEMBER

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    Production shift likely to pick up as buyers look beyond China

    TOMOYA ONISHI and AKIWA HAYAKAWA, Nikkei staff writersDECEMBER 15, 2018 17:15 JST

    [​IMG]
    Workers at a garment factory in Bac Giang province, near Hanoi. Vietnam's apparel industry is benefiting from buyers looking increasingly beyond China. © Reuters

    HANOI/MUMBAI -- The trade spat between Washington and Beijing is providing a tailwind for garment production hubs like Bangladesh and Vietnam, as more companies move away from China to avoid U.S. tariffs and sanctions.

    https://asia.nikkei.com/Economy/Trade-War/Trade-war-buoys-apparel-industry-in-Bangladesh-and-Vietnam
     
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  2. Viet

    Viet ELITE MEMBER

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    China garment industry is finished.
     
  3. Mage

    Mage SENIOR MEMBER

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    Not that early and even if it is finished it won't impact them much as they are moving up the value chain. Although it is possible that they won't be the largest garments exporter after a decade.
     
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  4. Viet

    Viet ELITE MEMBER

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    Garment is not hightech. Chinese can’t compete with low wages in countries as Vietnam and Bangladesh. They can’t cut wages. Even if they can lower production costs by installing more machinery they can’t compete with Vietnam because we also install machinery too.
     
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  5. TopCat

    TopCat ELITE MEMBER

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    They are making garments and textile machines now instead of stitching. Good for them, good for us.
     
  6. FuturePAF

    FuturePAF FULL MEMBER

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    Pakistan needs to get back into the garments industry with all the electricity capacity build over the last few years. We should stop exporting raw cotton and helping our competitors in countries like Vietnam. The rising wages will contribute to lower and lower Chinese apparel production.
     
  7. TopCat

    TopCat ELITE MEMBER

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    you need to fix your book first. unless no business will sustain. make peace with india which will take away lot of your headaches and bring the stability back. put a strong fence in Afhgan border and forget about that country for a while.
    These are very easy fix only if you think yourself a 3rd world country instead of a super power.
     
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  8. American Pakistani

    American Pakistani ELITE MEMBER

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    LOL...What a mega troll...:lol:

    Now a supa pawa bangali will tell us what to do:rofl:

    Pakistani minimum wages are way higher than Bangladesh's.
     
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  9. Species

    Species SENIOR MEMBER

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    There is no minimum wage in a true sense in either Bangladesh or Pakistan. It's rather determined by the market. Bangladesh has a better supply of workforce than Pakistan because of the participation of women, hence, the wage is lower.
     
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  10. faithfulguy

    faithfulguy ELITE MEMBER

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    I never heard of a Pakistani craving to be a Supa Powa. Unlike Supa Powa India which made a video on becoming a Supa Powa with white servants.
     
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  11. American Pakistani

    American Pakistani ELITE MEMBER

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    You have zero idea how things work in Pakistan. It is not like Bangladesh where govt don't give a fk about awaam but just bringing in business. Not saying in Pakistan govt does gives a fk about people, but people rather prefer not working and joining protests and tor phor (destruction) to get paid rather than working and getting paid what they don't like. Go and try to get any daily wage labor if you want construction or anything that require additional manpower, even these uneducated people have attitude and they demand minimum wage or more for a 8 hour work, you ask them to complete the work and they will tell you that either pay more or they will come back the next day.
     
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  12. Species

    Species SENIOR MEMBER

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    Well, when it comes to protests or rebellions, Bangladeshis leave the rest of the subcontinent far behind.

    What you are saying is exactly what I meant by 'market demand'. The garments industry in Bangladesh employs a large number of women because women demand lower wages than men. The participation of huge number of women makes the market value of the wage to be lower.
     
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  13. Viet

    Viet ELITE MEMBER

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    Ok selling garment making machinery is probably the way out, however they will have hard times to compete with the West.
     
  14. The Ronin

    The Ronin FULL MEMBER

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    @American Pakistani there wasn't any reason to get butt-hurt. He didn't troll about anything not even said a bad thing. Even your govt and and military doing and saying the same thing he said here.

    https://timesofindia.indiatimes.com...ndia-says-imran-khan/articleshow/65151346.cms

    https://tribune.com.pk/story/1867668/1-pak-afghan-border-fencing-completed-end-2019-dg-ispr/
     
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  15. American Pakistani

    American Pakistani ELITE MEMBER

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    It seems like you are the ones who are butt hurt. We can dare to call black a black and white as white unlike your Supa pawa. "Make peace with India", that sounds like we are making war with your masters. Even your own link proves that Pakistan wishes peace with india and Afghanistan both.

    As for fence, Pakistan sure is doing with whatever poverty we have, but you have zero capacity to tell us what to forget and what not. There are 5 million + afghan refugees in Pakistan, they are entering and leaving legally and illegally everyday, they aspiration is to occupy Pakistan until Indus river towards east and Makran coast to the south, they invite indian terrorists to wage proxy wars from their land, in these circumstances how the fk can we forget them? If there is fire in the house next door, you have to be attentive and prepared to take action that can save you.

    Partially agree with you here, it maybe a subcontinent thing.

    And yes your benefit is that you have women working force almost equal to men, whereas in pakistan many backwards people believes that half the population should sit home and work hard to create cricket teams in the house(baby boomers).