Nike in Vietnam Flashcards
(7 cards)
1
Q
When began
A
1995
2
Q
Why wages lower in vietnam?
A
-No trade unions or strikes for higher pay
-Communist government keen to develope exports
3
Q
How many factories
A
10
4
Q
How many employed
A
40,000
5
Q
How not helped vietnam?
A
-Sub-contracted companies owned by South Korea or Taiwan
-Profits went overseas
-Abused workers
-Bad working conditions
6
Q
GNI per person 2000 vs 2014
A
-2000:
-2,070
-2014 :
-5,350
Industry up 7.3%
7
Q
Value of exports 2000 vs 2014
A
-2000:
-11.5 billion
-2014:
-147 billion
