Vietnam lacks orders
7 June 2005
More than half of all leather and footwear companies in Ho Chi Minh City had no current orders in late May and some of them had to suspend production, according to the Vietnamese News Agency. The Vietnam Leather and Footwear Association (Lefaso) said that most of these enterprises were producers of low-priced footwear. Local analysts said that many orders for low-priced footwear from European Union countries are now being placed with Chinese manufacturers
