Vietnam'S Exclusion Of China Has Little Impact On Hongkong Shoe Makers.

< p > < < a href= > http://sjfzxm.com/news/index_f.asp > Vietnam > < /a > in Hongkong recently. The president of the footwear association of Hongkong said that the proportion of direct investment of Hongkong footwear manufacturers in Vietnam is very small. The incident of "Second China" has little impact on the footwear companies in Hong Kong.

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< p > Vietnam's emergence of the Chinese Exclusion incident in recent years. The president of Hongkong Footwear Association said that the proportion of direct investment of Hongkong footwear manufacturers in Vietnam is very small. The event of "sub exclusion" has little impact on Hongkong footwear manufacturers, but its psychological impact has lasted for some time. "Under the background that shoe orders do not increase significantly, and the production costs of Hongkong and the mainland can not be further reduced, Hong Kong shoe manufacturers will continue to seek investment opportunities in Southeast Asia or farther areas. Countries and regions with large cost advantages, low political risk and convenient pportation will be the first choice for foreign investment."

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< p > > a href= "http://sjfzxm.com/news/index_z.asp" > Liang Chang Chang < /a > continued, because Southeast Asia is not very familiar with it. In recent years, the total amount of investment of Burma shoe manufacturers in Southeast Asia is not large. Direct or indirect investments are also concentrated in places like Kampuchea, Vietnam, Bangladesh and so on. "Hong Kong businessmen usually first understand the market in Southeast Asia by way of commissioned production, and then invest in factories."

It is worth mentioning that in addition to hardware and software facilities, Hong Kong shoe manufacturers are often affected by factors such as lack of policy stability and even political fluctuations.

Liang Richang believes that although the incident has little impact on Hongkong shoe traders, the psychological impact will continue for some time. The way of investment for Vietnamese businessmen will also change in the future. For example, considering the low labor cost in Kampuchea, Laos and Burma, and the stable political situation, it is expected that the above areas will become an important production base for footwear manufacturers in Southeast Asia in the future.

Apart from Southeast Asia, he said, Africa is also an optional destination for Hong Kong shoe manufacturers to invest abroad. "I invested in a shoe factory in Africa."

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< p > Liang Richang suggested that before deciding on foreign investment, Hong Kong businessmen may understand local business culture through purchasing local products or small quantities of commissioned production. If everything goes smoothly, the investment intention can be preliminarily determined. In addition, shoemaker can also try to hold a joint venture to set up factories abroad, so that even if there are problems, there can be risks.

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