Home / Knowledge / News / Doubts raised on leather footwear export targets
Doubts raised on leather footwear export targets
Feb '10
The Leather and Shoe Research Institute, has prepared a plan for development of Vietnam's footwear sector by 2020 and meeting the end target by 2025. The plan is to chase an export turnover of US $16.5 billion to be achieved by 2020. Nevertheless, many issues have been raised with regards to viability of the draft.

Bui Xuan Khu, Deputy Minister of Industry and Trade (MOIT) posed many questions concerning the draft. He held that the export target of $6.3 billion set for this year to be incredible, as last year's exports only accounted for $1.4 billion and a fall of 13 percent was revealed in comparison to 2008. Shrinkage in exports to US market was cited as a reason, for such fall.

He also informed that globally, the sector holds second position, next to China. Nonetheless, the issue was that whether leather shoes can originate as and grow into sector's leading export product, as sports shoes has the highest cut in Viet Nam.

Foreign direct-invested firms accounted for a huge share of canvas shoes and bags, Mr. Khu remarked. He suspected if the firms will carry on investing in the sector during next 10 years.

Issues were even raised regarding the availability of materials for the sector as most of it was being imported.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Michael Kors

Fashion | On 25th Jul 2017

Michael Kors to acquire Jimmy Choo

Global fashion luxury brand Michael Kors Holdings Limited has reached ...

Apparel/Garments | On 25th Jul 2017

VF Corp posts $2.4 billion revenue for Q2 2017

VF Corporation has recorded revenue of $2.4 billion, up 2 per cent,...

Textiles | On 25th Jul 2017

Egypt signs agreement with UNIDO for cotton production

Egypt has signed a €1.5 million ($1.74 million) cooperation agreement ...

Interviews View All

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category

Related Categories:

Planning to Take the Leap towards

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search