Viet Nam’s footwear sector is striving to attain an export turnover of 6.2 billion USD and produce 720 million pairs of shoes and sandals by 2010.
The targets were set in an overall plan for the sector’s development through 2010, approved by the Ministry of Industry and Trade.
The plan estimates total investment for the sector to achieve these target at over 9.1 trillion VND (572 million USD).
Ha Noi, Da Nang and Ho Chi Minh City will dominate the sector, with emphasis on developing the local leather industry and finding more capital sources.
Source: VNA
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