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Vietnam's Footwear Exports Surged After Anti-Dumping Duties Were Lifted

2011/11/14 16:26:00 16

Anti Dumping Tax Lifted Vietnamese Footwear Exports Soaring

November 14th, along with the European Commission's cancellation of Vietnam's footwear products this year

Anti-dumping duty

Since then, according to the Ministry of industry and trade, the export of the country has increased sharply.


In 2006, the European Commission had abolished 10% of tariffs, only in April last year.

measures


According to Newswire VnEconom, since many exporters have met many orders from global exporters and their orders have been pferred from China, their products continue to attract 16.5% anti-dumping duties in the European Union.


In the first 10 months, its export volume reached US $5 billion 110 million, increasing by 25.8%.

footwear

It is the country's third largest means of hard currency making money.


The Vietnam leather and Footwear Association expects annual figures to reach US $60 million.


However, it is reported that footwear exports are facing the problems of skilled labor shortage, pportation costs and other costs.

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