The World’s Footwear Production Center
Vietnam plays an important role in footwear production and international trade, and has become a major strategic country for many footwear brands. According to Vietnam Ministry of Trade and Industry, Vietnam 2016 footwear exports reached 1.1 billion pairs, the number of exports ranked the second largest footwear exporter in the world.
The Premier Integrated Platform for Vietnam Footwear
The country poised a bright future ahead of becoming the next destination of world footwear, and major footwear makers are continuing to explore expansion and production opportunities in Vietnam. To enhance the capacity of these field, International Footwear Machinery & Material Exhibition in Vietnam – VFM is definitely a premium platform to access domestic and ASEAN footwear markets.
EU-Vietnam FTA brightens prospects of Vietnam
The EU-Vietnam Free Trade Agreement (EVFTA), which is considered a comprehensive trade agreement covering a wide area of sectors is anticipated to bring about benefits and opportunities for both economies in multiple ways throughout the years. Moreover, the ASEAN Economic Community affords Vietnam an opportunity to cooperate with other countries to develop materials and form new supply chain, which will help to reduce the investment costs and increase productivity.
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