2012 Vietnam'S Footwear Exports Will Face A Full Range Of Challenges.
On December 26th, it was reported that Vietnam's footwear exports faced many challenges in the new year, that is, its export.
market
Economic instability, declining export orders, and fierce competition with other countries, Vietnam.
Leatherwear
And Footwear Association issued a warning.
Vietnam's footwear exports will undergo a slow growth in the stable market, especially in the European market, the association said.
Many footwear businessmen said that the export was signed at the beginning of next year compared with the same period last year.
Order
The volume will drop to 20%.
"We signed the export contract in the first two quarters of 2012, but the volume of exports decreased by 20% compared with the previous year," said H.T., director of footwear industry in Kampuchea based in Hu Zhiming.
He believes that most of Vietnam's export market decline is mostly in the European market, which has already exacerbated the deterioration of the global economy by cutting costs.
In addition, local footwear exports are also faced with litigation and disputes from competitors such as Brazil, Mexico and Argentina.
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