News

Vietnamese footwear industry plans further expansion

13/08/2004

Vietnam’s footwear industry has set a target of exporting 410 million pairs of shoes by 2005 and 640 million pairs by 2010.

 

In the past seven years the footwear industry has seen a production increase from 206 million pairs of shoes to 303 million. The country is currently capable of producing approximately 400 million pairs and its total export value reaches $1.5 billion annually. The EU accounts for 65% of Vietnam’s export market, followed by the USA, Japan, the Republic of Korea and Taiwan.

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