Vietnam’s shoe industry developing strongly

30/07/2001

Although Vietnam’s footwear industry only really started in the mid 1990s the combination of a stable social situation and a cheap labour force have helped it to develop at a heady speed. In 1998 its shoe exports exceeded $668 million, while in 1999 it exported more than 100 million pairs to Europe. Last year about 6 million pairs were exported the US, with a value of $93 million.