Shoemakers are required to work harder while designing the footwear so that they can take advantage of the local market and also encourage exports. This was told by the General Secretary of HCM City Leather and Footwear Association, Nguyen Van Khanh in an international conference, on Tuesday.
The conference was attended by the representatives from 11 countries and regions including Indonesia, Thailand, Malaysia, the Philippines, Japan, Taiwan, Hong Kong, South Korea, India, Germany and US.
He said that, footwear manufacturers from Vietnam can gain a lot of knowledge from representatives of other countries.
The Leather and Footwear Association members were trying to target the South African market, with the help of a tour organized by the local footwear producers to South Africa in order to investigate its market trends and requirements.
In spite of the worldwide economic slowdown, the country's export, largely to Japan and US, amounted to $4.1 billion in the previous year. Exports touched $2.79 billion in the first seven months of 2010, recording a hike of 15.3 percent compared to the same period last year.
Ho Thi Kim Thoa – the Deputy Minister of Industry and Trade, said that out of the 800 million pairs of shoes manufactured by Vietnam every year, more than 700 million are shipped to other countries. The country has recorded an export growth of 10-15 percent during the last five years and has become the fourth largest provider of footwear in the world.
The Ministry of Industry and Trade has sanctioned a proposal for the growth of the industry. Under this proposal, the footwear sector intends to bring in US $13 billion yearly, by 2020.
Fibre2Fashion News Desk - India
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