Vietnam adopted 3 policies to motivate her exported shoe products

According to the recent report from Vietnam, the exported value for Vietnam shoes is USD1.7billion in the first half of 2006. It recorded a 20.3% growth, if compared with the same period last year and shares 50% of the whole year plan.

It was reported that the anti-dumping tax imposed on Vietnam leather-made exported shoes by the European Union will be increased from 8.2% to 12.6% and this is the main reason for Vietnam exported shoes facing a high pressure.

In order to achieve USD3.5 billion for exported shoes in 2006, Vietnam is planning to adopt 3 policies to motivate the export of shoes; firstly, to greatly motivate the export to USA and other markets; secondly, to adjust the structure of shoes' export and to increase the export of non-anti-dumping shoes products; thirdly, to strengthen the cooperation between enterprises in order to fight for the best price for large amount of imported raw materials and exported products.

Source: HC360.com

Date: 25 July, 2006