Vietnamese footwear industry: big turnover, small profitsVietNamNet Bridge - Footwear is a big industry of Vietnam, considered a ‘foreign currency earner’ thanks to high exports every year. However, the lack of standard materials, poor design, capital shortage and limited export capability all cause the Vietnamese footwear industry ‘titled but penniless’. Footwear is a big industry of Vietnam, considered a ‘foreign currency earner’ thanks to high exports every year. However, the lack of standard materials, poor design, capital shortage and limited export capability all cause the Vietnamese footwear industry ‘titled but penniless’. Viet Khanh Phu, a subsidiary of Khatoco, has been exporting products to Canada, Japan, Australia and China.

Source: VietNamNet News August 21, 2016 06:56 UTC