Vietnam's wire and cable industry along with the Vietnamese people in general (both the 83 million inside Vietnam and the many million living overseas, which includes four million in the U.S. alone), are celebrating Vietnam's December 8 entry into the World Trade Organization (WTO). Vietnam's wire and cable industry has been growing steadily throughout the past six years with growth rates in the high 20-30 percent levels according to Vietnam's Ministry of Trade. Many electric wire products are now produced in Vietnam, for instance electric wire and cable for residences, electric distribution wire and cable, middle voltage insulated copper and aluminum wire, high voltage wire and cable, electromagnetic wire for machines and electronics, message coding cable and wire harnesses for vehicle and automotive use.
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