Global Footwear Manufacturers Are Shifting Production From China To Vietnam.

　　 Vietnam? Footwear exporters are racing against time to complete a large number of orders from traditional importers. The signing of TPP will bring a lot of benefits to Vietnam's footwear industry. Recently, the growth of footwear orders shows that Vietnam has begun to enjoy this positive effect.

However, Vietnam leather and Footwear Association (Lefaso) warned that footwear exporters must fully understand the advantages of TPP and market and products if they want to make full use of their advantages. There are not many local shoe manufacturers that can provide high quality products, and high quality products are needed by TPP signatories.

this association The vice president said that in order to make full use of opportunities, Vietnam must understand the characteristics of each importing country. If you want to export footwear to the United States, you must pay attention to Vietnam's annual production capacity of 150 million pairs of shoes. European Importers are more concerned about the differences in design in different parts of Europe, and Japan needs very high quality products.

Global footwear manufacturers are producing their products from China Turn to Vietnam. Pan Zhiyong, director of the light industry division of the Ministry of industry and trade, said that mainland Chinese and Taiwan enterprises are investing heavily in raw material production in Vietnam. If Vietnam's local manufacturers can not make full use of this advantage, they will lose their opportunities.

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Recently, the Egyptian Textile JOINT-STOCK Company said that in the current fiscal year, the company lost a total of 2 billion 100 million pounds, or about 300 million dollars, higher than the 2012/2013 fiscal year.

It is reported that the Egyptian Textile JOINT-STOCK Company includes 32 branches, including 9 Cotton Corp and 22 home textile yarns, weaving and dyeing and finishing companies. At present, only Cotton Corp is making profits. The group is Egypt's largest state-owned textile group, located in Egypt's cotton production town Mahalla. In the financial year of 2013/2014, it is difficult for enterprises to start production because of workers' strike. Financial difficulties are the most important problems facing the company.

The vital part of the cotton textile industry is that the Egyptian Ministry of Finance grants 200 million pounds to the group's factories, but it still can not alleviate the difficulties of the group.