Thực hành Interpretation 4

1. More five years ago, to buy a colour TV set or video was really a big problem. How can we buy a good quality one? Is the price reasonable? But up to now, buyers can stand amazed at the display of scores of labels of TVs, cassettes, video, etc. on sale everywhere.

2. Let’s take a walk around Huynh Thuc Khang market, one of the big markets selling electronic appliances in Ho Chi Minh City. Salespersons here affirm that in recent years the pace of selling electronic appliance has increased much more than previously. This partially shows that the needs of the market have speeded up and the living standards of the people have been improved.  

3. According to the source of the Union of Vietnam Electronics and Informatics, the demand for household electronic appliances in Vietnam has annually increased by over 17%.

4. It is estimated that from now to the year 2000 the demands will be 2 -2.5 million sets/year, of them the predominant sets are colour TVs and video.

5. Within two years, Vietnam has had more than 100 establishments assembling electronic products with a capacity of over 4 million sets/year.

6. The products assembled in Vietnam have begun winning the trust of customers and have almost dominated the local market.

7. However, up to now there have been only 12 assembly establishments attaining the industrial level on a large scale with huge investment capital and modern industrial line.

8. The Union of Vietnam Electronics and Informatics has, in recent years, invested more than 4 billion Vietnam dong and millions of USD in buying identical assembly lines to assemble high-class household electronic appliances in the form of CKD for the affiliated Vietronics firms.

9. The above investments have guaranteed the quality of products before they are turned out.

10. Fairly speaking, the market of household electronic appliances of Vietnam still keeps a lot of potentials and will develop quickly.

11. From a few kinds of labels at first now there have been tens of world-labels of Asia and Europe engaging in the harsh race and competition into the Vietnamese market.

12. We may mention some well-known names like SONY, TOSHIBA, PANASONIC, SHARP, SANYO, GOLDSTAR, DAEWOO, SAMSUNG, PHILIPS, THOMSON...

13. However, up to now European labels have almost disappeared on the Vietnamese market, especially TV and Video.

14. At present, while European firms have just stopped at promoting trade, Asian companies have made big strides by bringing assembly kits to Vietnam and setting up maintenance networks throughout  Vietnam.

15. Together with the economic growth and the improvement of the living standard of the Vietnamese people, the market of household electronic appliances will have a lot of opportunities for development.

16. This has posed a problem for manufacturers: how to make their own products satisfy the common needs and the State should support this industry still in its infancy, for example, to have policy of encouraging production in the form of CKD and to strictly wage and anti-smuggling campaign of electronic appliances to protect domestic producers.