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Footwear exports register 4% decline in April

08
May '06
Footwear exports turnover of Vietnam in April 2006 recorded a decline of 4.05 percent compared to previous month, with revenues worth $ 260 million, according to Ministry of Textiles (MOT).

European Commission's anti-dumping tariff effective since April 7, resulted into minimizing Vietnam's footwear export turnover decline, MOT said.

Enterprises are being advised by MOT to find solutions for EC's anti-dumping decision in a bid to maintain and develop Vietnam's footwear industry.

Accordingly, Vietnam's footwear manufacturing bases are relocating to the US, Japan and Mexico as well as other new markets like Mid East and Africa.

Enterprises are focusing on goods not included in anti-dumping tax list, such as sports shoes and children shoes etc.

www.fibre2fashion news desk-Vietnam


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