According to the statistics of Vietnam Leather, Footwear and Handbag Association (LEFASO), Vietnam’s footwear exports reached approximately 9 billion USD in the first half of 2019, a year-on-year increase of 14 percent, ranking second in the world after China. At the same time, the signature of EVFTA and CPTPP have brought tremendous benefits for Vietnam footwear industry. The new agreements will promote further economic development and reinforce trade and investment of footwear industry in Vietnam.

Although the Vietnamese Footwear industry has some of the above advantages, its development still faces many challenges, such as the influence of trade protectionism, rising labor costs and low labor productivity, the application of automation and Industry 4.0. Changing supply chain of global footwear industry in the trend of 4.0 Revolution and impact of trade policies is going to be the main topic for us to discuss in this Summit.

The 5 th Vietnam Footwear Summit 2020 will bring together about 200+ footwear industry experts and senior executives to deeply analyze the impact of the international trade environment on the development of the Vietnamese footwear industry, the development of the free trade agreement of the Vietnamese footwear industry, the change of supply chain under industry 4.0, and discuss footwear hot topics such as sustainability, digital design, product innovation and digital manufacturing. In addition, this summit will provide a reference and industry exchange platform for Vietnam footwear market through keynote speeches, group discussions and matchmaking, to help the attendees get a better understanding of Vietnam footwear industry development status and find business opportunity.