Vietnam Shoe Enterprises Face Development Crisis
Vietnam?
The footwear industry is facing export.
Order
Decline and lack of human resources, Truong Thi Thuy Lien, chairman of Lien Phat footwear manufacturing company, said during a seminar break.
footwear industry
To overcome these difficulties, we can create the most opportunities.
The symposium was held in Hu Zhiming, organized by the Vietnam leather and Footwear Association and Deng Bai's (an international business information provider).
Lien pointed out that the mentality of the European Union and the United States was greatly affected by the public debt crisis in these countries, resulting in a reduction in Vietnam's export orders.
She said exports to the US and EU market in the first quarter of 2012 may be 15% to 20% lower than the same period this year.
In addition, she said, the labor force
Intensive type
The footwear industry is also facing a serious problem of labor scarcity. Some footwear manufacturers in Vietnam find it difficult to complete export orders, while others are hesitant to sign new contracts, because they are worried about the lack of workers and fail to fulfill their contracts.
She and other speakers at the seminar said that the high cost of raw materials is also a problem for Vietnamese footwear exporters.
She added that at present, footwear enterprises are only trying to maintain their operation, continue to maintain their labor force, and no profit making thought.
Last year, Vietnam's footwear industry grew by 31% over the same period last year. Vietnam's footwear exports increased to US $4 billion 700 million in the first three quarters of this year. The EU and the United States are the two largest importers of Vietnamese footwear.
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