Footwear Industry Expands In Vietnam
Vietnam’s footwear industry is Vietnam’s third-largest export sector. Except during the pandemic, the industry has been steadily growing over the past decade and is predicted to double by 2031. While footwear continues as a protective gear for the feet in this modern day world, Vietnam’s footwear industry is benefitting as manufacturers leave China to seek new players that could provide lower labor costs and greater international market and commerce access. According to ASEAN Briefing, Vietnam exports 1 billion pairs of footwear to countries around the world every year – ranking…
