Photo for illustration.

Many Thai footwear businesses are flocking to Vietnam to set up distribution networks in the country.

Some 30 Thai footwear companies participated in a trade exchange between Vietnamese and Thai footwear businesses, held on June 6th in Ho Chi Minh City by the Vietnam Chamber of Commerce and Industry and the Thailand Footwear Promotion Association.

According to the organising board, most Thai businesses participating in the exchange sought cooperation and partnership with local footwear importers and distributors.

According to local officials from the Vietnam Footwear and Leather Association, Thai businesses are working with Vietnamese peers as they have begun to promote the establishment of footwear product distribution networks.

With this strategy, in the future, Thai footwear companies may limit footwear production but they can still stand firm in the global footwear production and distribution network, local officials said.

“Vietnamese footwear businesses should follow their Thai partners’ steps,” a local official concluded.

Source: Bao Dau tu

Translated by Thu Nguyen