Major opportunities will be presented to local footwear producers to further develop as local demand is forecast to increase by roughly 8 per cent yearly to 355 million pairs by 2020, according to the Viet Nam Leather and Footwear Association (Lefaso). The association estim-ated that footwear demand in the domestic market in the coming years [...]
Vietnam’s leather and footwear sector is currently not likely to meet proposed growth targets from now until 2020 and beyond due to capital shortages. According to the Ministry of Industry and Trade-approved development planning, Vietnam’s leather and footwear sector was expected to reap $9.1 billion in export value in 2015 and $14.5 billion in 2020, [...]
The Vietnam Leather and Footwear Association (Lefaso) has submitted to the Government a strategy to develop the sector from now till 2020 with a vision for 2015. Lefaso President Nguyen Duc Thuan said the strategy, which focuses on the support and material industries, aims to end the sector’s dependence on foreign materials and technologies, and [...]
A conference on improving the competitiveness of small and medium-sized enterprises was held in Ho Chi Minh City on July 30. The conference was co-hosted by the Vietnamese Ministry of Industry and Trade, the UN Industry Development Organisation (UNIDO), the Italian Development Cooperation Agency and the Ho Chi Minh City Footwear Association. Enterprises attending the [...]
After over one year of launching, on May 31 in HCM City, the Ministry of Industry and Trade (MoIT) held a seminar to seek contribution opinions from enterprises and relevant departments for general scheme on Vietnam’s footwear and leather sector development till 2020 and orientation till 2025. Accounting for 40 percent of industrial production value [...]
Vietnam’s footwear took the lead in exports to Belgium in the first quarter of 2010, with a turnover of $54.7 million, up 27.5% on-year. The footwear revenues accounted for 30.1% of the country’s total export turnover to the European market. In the three-month period, Vietnam exported $18.3 million worth of apparels to Belgium, up 28.7%on-year, [...]
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