Challenges of Vietnam’s footwear[footwear?:Footwear paper pattern cutter] industry:
- Vietnam’s footwear industry still imports most raw materials
- Vietnam’s footwear products see little value-addition, experts said, noting that their competitive advantage in terms of prices over rivals like China, India, Indonesia, and Thailand is also gradually shrinking
- To develop sustainably and become more competitive, Vietnam’s footwear needs to restructure and increase the local content rate
- Vietnam’s footwear should upgrade technologies, expand the product range, and improve quality to meet the increasing demands of consumers
Experts suggested that Vietnam’s footwear should hire designers and create its own designs rather than just wait for orders and making products based on designs provided by the buyers, said the paper[paper?:paper sample maker cutting machine]. To capture the domestic market, Vietnam’s footwear firms should research the market and expand distribution networks.