International look at the EU's cancellation of anti-dumping duties on Vietnamese footwear

November 30, 2023

Summary:

The EU’s failure to withdraw 16.5% anti-dumping tariffs on imported leather footwear from China remains a threat to Vietnam. Such differentiated tariffs will result in the illegal export of shoes from China through Vietnam. According to officials from the Vietnam Fair Competition Commission, due to China's high production costs, orders are shifting from China to Vietnam, which is a positive sign for Vietnamese businesses.

Although the EU ended its anti-dumping duties on imported leather boot shoes from Vietnam on April 1, 2011, Vietnam’s shoe exporters still face some problems in entering the EU market, officials of Lefaso said. . The secretary of the Vietnam Leather Shoe Association, Nguyen Thi Nguyen, told a seminar in Hanoi that the EU’s cancellation of 10% anti-dumping tariffs on leather shoes imported from Vietnam during the past four years will promote the manufacture of Vietnamese footwear in the European Union and other markets. The competitiveness of countries such as Indonesia, India, Cambodia, Bangladesh and Thailand, which have not encountered anti-dumping tariffs on footwear exports to the EU market, have also enjoyed tariff reductions. If the EU observes a significant increase in the import of shoes imported from Vietnam during this year and the price drops sharply, the EU may consider the machinery or re-execute the anti-dumping tariffs on Vietnamese leather footwear manufacturers. The re-implementation of anti-dumping tariffs does not require this issue. Conduct an investigation. In order to avoid recurrence of anti-dumping duties, Vietnamese exporters need to report to the Vietnam Leather Shoe Association and the Vietnam Competition Commission (VCA). The report should include the quantity and price of goods exported to the EU. It should show that the monthly export volume is only a reasonable increase. Exporters should not consider the increase in exports to the EU as a goal, but should look for orders to make high-quality, high-quality products.


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