mysqldump -uusername -ppassword -c -e --default-character-set=utf8 --single-transaction --skip-set-charset --add-drop-database -B dbname > dump.sql
cp dump.sql dump-fixed.sql
vim dump-fixed.sql
:%s/DEFAULT CHARACTER SET latin1/DEFAULT CHARACTER SET utf8 COLLATE utf8_general_ci/
:%s/DEFAULT CHARSET=latin1/DEFAULT CHARSET=utf8/
:wq
mysql -uusername -ppassword < dump-fixed.sql