Vietnam Footwear Association Recommends That The Government Reduce The Import Tariff Of Finished Leather Products.
A letter from Hu City footwear and leather association is requested that the Ministry of Commerce and industry of Vietnam approve the reduction of the import tariff rate of finished leather products, from the current 10% to 5%, so as to ease the rising pressure of current market prices and enhance the competitiveness of Vietnam's footwear and leather products in the international market.
At present, Vietnam has to import 70% to 75% shoes and leather raw and auxiliary materials from abroad, especially leather products. If the government agrees to reduce its import tariff rate to 5%, it will help footwear leather manufacturers take the initiative to grasp the source of raw material supply and enhance their competitiveness.
In addition, the EU is likely to revoke the preferential tariff rate for imports of Vietnamese footwear products from 2009. When Vietnam exports to the EU, footwear will have to bear a tariff rate of 3.5% to 5%, plus a favorable competitive advantage that the EU will levy on its anti-dumping duties, which will make the products lose their prices. The Association recommends that the import tariff rate of the finished leather products be lowered to help Vietnamese shoe manufacturers solve the difficult problems facing the future export footwear industry.
- Related reading
- neust fashion | 2019 Macao Clothing Festival - Jewellery Brand Performance
- neust fashion | Macao Fashion Festival 2019:CPTTM Fashion Design And Production 2018/2019 Diploma Course Graduation Performance
- Industry Overview | Speed Up International Layout. In 2018, The Textile Industry Earned More Than 250 Billion Dollars.
- Industry Overview | The International Home Textiles Competition Awards Ceremony Was Successfully Concluded.
- Industry Overview | Longwan Destroyed 5 Old Clothes Sales Dens
- Industry Overview | North Jiangsu Textile Industry Is Taking Off. Hengfeng And Sai Deli Hit 6 Billion 500 Million.
- Industry Overview | China Will Accelerate The "One Belt, One Way" Investment In Textile Industry
- neust fashion | 2019 Cherry Blossom Fashion Show Closing Ceremony And Awards Ceremony Held In Beijing
- Fashion shoes | Nike Air Barrage Mid NFL Exclusive Red, Yellow And Black Color Shoes Officially Unveiled.
- Fashion brand | Street Brand PALACE Shanghai Pop-Up Store Is About To Open, New Location For Tide Makers.
- Polyester Filament Fell Strong Momentum PTA Alone Is Difficult.
- The Cost Of Raw Materials Has Skyrocketed. Nylon Manufacturers Are Eager To Raise Prices In July.
- Affected By Rising Production Costs, Leather Enterprises Suffer Losses.
- "High Cost" Is Difficult To Stop The Development Of Shoe Leather Enterprises
- Rising Cost, Energy Shortage, Pakistan'S Textile And Garment Exports Plummeted 12%
- Handmade Brown Sandals
- Printing Five Satin Sales Situation Is Good.
- Embroidered Ollie Yarn Fabric Has Become The Highlight Of The Recent Market.
- Part Of The Yangtze River Delta Spinning Enterprises Zero Profit State Facing Three Pressures
- Before May, The Price Drop Of European Monitoring Products Will Attract Anti-Dumping Investigations.