Another favourable condition for the industry this year was that markets in replica Glashutte region, Japan and China have also opened their doors wider for Vietnamese shoes. Moreover, with high consumption demand in the domestic market, local footwear replica Graham had a great opportunity to grow at home, Kiet said. Many footwear enterprises and experts believe that the European Commission will soon remove the anti-dumping tariffs on replica Hamilton shoes, which would help boost exports to the industry's largest market. Furthermore, the Ministry of Industry and Trade has approved a growth strategy for the sector from now till replica Hublot that will focus on the development of support industries as well as material supply. "This will be a major driving force for the sector's sustainable development", Kiet said. Kiet said that despite the favourable conditions, the domestic leather and shoes industry also faced several obstacles this year, including high interest rates and inflation, as well as the rising cost of raw material. High interest rates had pushed many companies to lower their scale of operations until conditions improved, he said. If interest rates would not reduce soon, it would surely affect the sector's growth since businesses would not dare to start new projects or expand production.
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