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

Textiles | On 20th Oct 2016

Indian polyester market demand grows 14% in Q2 FY17: RIL

The Indian polyester market witnessed a demand growth of 14 per cent...

Fashion | On 20th Oct 2016

Replay to explore new markets in 2017

Replay, the iconic Germany based denim brand, is planning to get into ...

Textiles | On 20th Oct 2016

Pakistan proposes Rs200 bn for textile sector revival

A bailout package of Rs 200 billion has been proposed by the Pakistan ...

Interviews View All

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Victor Chao

‘In future, clothing boundary lines will become increasingly blurred.’

Sonia Agarwal

‘The terms eco-friendly and organic are common but everyone perceives them ...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

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

October 2016

October 2016

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


Browse Our Archives


Advanced Search