the government a strategy to develop the sector from now till 2020 with a
vision for 2015, focusing on the supporting and material industry.
According
to Lefaso President Nguyen Duc Thuan, the strategy aims at ending the
sector’s dependence on foreign materials and technologies and shifting
from sub-contracting.
Under the strategy, the sector will need
18.8 trillion VND (989 million USD) to produce shoetrees and models and
expand production of materials including leather and leatherette.
The
plan is expected to help the sector to earn 8.5 billion USD from
exports by 2015 and 11 billion USD by 2020 with the localisation rate of
65-75 percent from 50 percent at present.
Thuan explained that
the strategy was prompted by the fact that the sector has been suffering
from a serious shortage of materials for many years, due to a lack of
supporting industry.
At present, the country has only 30
enterprises, including five with foreign investment capital, producing
tanned leather, the main material for the footwear sector. Those
enterprises can meet only 30 percent of the demands for materials of
domestic footwear enterprises.
The Lefaso leader further said
that the sector has also to cope with the EU’s anti-dumping tax on
Vietnam’s footwear products.
In an effort to boost exports,
Lefaso has carried out many promotion activities, including hosting the
29th international conference of the Asian footwear sector and the
international fair of footwear materials and machines.
At
present, Vietnamese shoe makers have got orders for exports to fill
until the first quarter of 2011, as customers are shifting their
attention from China to Vietnam.
In the first nine months
of the year, the sector earned over 3.6 billion USD from exports, a
year-on-year increase of 23 percent. The figure is expected to hit over 5
billion USD by the end of the year./.
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