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Vietnam Shoes Sell Most Chinese Products

2010/7/19 16:56:00 25

Footwear Sales

According to the Vietnam Economic Times website, statistics from the Ministry of industry and trade in Vietnam show that the annual sales of footwear in Vietnam are 1.3-1.4 billion pairs, worth $1 billion 500 million, accounting for 30% of the industry's export revenue, but in fact, the market is being occupied by foreign products, among which China's products are the most.


Nguyen Cong, Secretary General of Vietnam footwear association, said that 90% of the products of Vietnamese footwear enterprises were exported, and the footwear produced by enterprises could only meet 40% of the domestic market demand.

To this end, Vietnam tried to raise this proportion to 60-70% by 2015.


 

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