The Ha Noi-based Thuong Dinh Shoes Company have invested VND5 billion (US$326,000) in new equipment to double their capacity of five million pairs of shoes in a bid to reduce prices.

With this investment, they expect exports of US$5 million and an annual growth of 13-15%. Thuong Dinh have been exporting to France, Germany and Spain, and now hope to crack the US market