Vietnam footwear report highlights versatile designs
Online report features casual shoes, formal shoes, sports shoes and children’s shoes, plus a listing of 100 export suppliers
The online report includes a listing of 100 export suppliers and profiles casual shoes, formal shoes, sports shoes and children’s shoes. It also features an overview of the industry, new product features, price guides and export data. PDFs of each section are available to download for free online.
Multi-occasion designs on trend
Vietnam offers stylish and comfortable shoes suitable for various occasions and activities. The latest men’s lace-up shoes, for instance, can be worn as part of a casual or business ensemble, while women’s ballet flats and pumps are appropriate for day or evening wear.
Designs adopt mainly genuine or synthetic leather for the uppers. Cowhide and goatskin are the common options for genuine leather, while synthetic versions are either PU or PVC.
The footwear production process is generally semi-mechanized, and several makers have automated machinery. Cutting and stitching are some of the steps completed using computerized equipment.
“The technology used in the manufacture of Vietnam footwear is as state-of-the-art as those used by overseas competitors,” said Ly Nguyen, export consultant for the Hinrich Foundation.
Suppliers and products
Established in 2000, Ho Chi Minh City-based Manda specializes in women’s footwear. The company’s selection includes boots and pumps with goatskin, sheepskin or cowhide uppers, pigskin lining, and TPR or rubber outsoles.
Viet Tin Co. Ltd, also in Ho Chi Minh City, offers footwear for men, women and children. The supplier’s product range comprises models with genuine leather uppers, as well as those using synthetic versions.
Casum Shoes in Dong Nai province has been in operation since 1990. The supplier offers men’s, women’s and children’s shoes and is capable of producing more than 2 million pairs each year.
The report further shows:
– In the first nine months of 2017, Vietnam exported $10.6 billion worth of footwear, according to data from the General Department of Customs, Ministry of Finance of Vietnam.
– The US was the largest single-country importer during the period, accounting for about 35 percent of the export value.
– Among the factors enabling the competitiveness of Vietnam suppliers in the footwear industry are the country’s free trade agreements, large workforce and relatively low labor costs.
Vietnam Sourcing Report: Footwear 2017 is one of a series of online Sourcing Reports covering emerging Asia supply markets. A full version of the report can be viewed here.
Sourcing from Vietnam buyer’s guide
To help buyers new to Vietnam sourcing, the Hinrich Foundation has prepared a guide that provides an overview of the industries and products available.
Buyers will also learn how to find and evaluate reliable suppliers, available banking options, common methods of payment, shipping details and steps to avoid or settle trade disputes.