Diep Thanh Kiet, Vice Chairman of Shoes and Leather Association of Ho Chi Minh city (SLA) has stated that Footwear Department office of Guana state – Mexico, has proposed to Economy Industry to impose 'compensation tariff' on footwear imported from Vietnam.
The tariff is in the range of around 130-135 percent.
Mexican department had put up this proposal as footwear imports turnover from Vietnam recorded a surge of 132 percent year-on-year, from 6.8 million pairs in 2003 to 15.8 million pairs in 2005.
Average import price by Vietnamese enterprises is at $5-8 per pair.
Footwear Department of Guana said import volume to such an extent by Vietnam will create negative effects on its production.
However, Kiet was of the view that Vietnamese footwear will have limited impact, as a survey indicates that very few enterprises export footwear to Mexico.
Moreover, Mexico is not a major export market for Vietnam, as its imports are actually an entry point for other markets, according to experts.
www.fibre2fashion news desk-Vietnam
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