tk88 bet

Shoe industry gears up to go hi-tech

A dramatic change in market trends and the "fourth industrial revolution are forcing Vietnamese enterprises to gradually apply new technologies to production.
Shoe industry gears up to go hi-tech ảnh 1A dramatic change in market trends and the "fourth industrial revolution" are forcing Vietnamese enterprises to gradually apply new technologies to production.
(Photo: VNA)
Hanoi (VNA) - A dramatic change in market trends and the"fourth industrial revolution" are forcing Vietnamese enterprises togradually apply new technologies to production.


Using the technology, businesses can increase their value. Many Vietnamesecompanies have started to invest in machines with modern technology to automatemany production stages to increase productivity, improve quality and save timeand money.

According to the Vietnam Leather, Footwear and Handbag Association (LEFASO),leather footwear has been a key industry in Vietnam for many years, creatingjobs for more than one million workers nationwide.

The export turnover of leather and footwear reached more than 16 billion USD lastyear. Turnover is expected to reach 17 billion USD this year, a year-on-year increaseof more than 10 percent.

The world trend is changing and the new industrial revolution has made adramatic change in terms of labour productivity and science and technology.

Low labour cost is no longer an advantage, it is gradually moving to knowledgeeconomy.

According to leather workers, many big companies in Vietnam have invested inmachines, moving to automation.

Viet A Chau Investment Development Corporation in HCM City is investing intechnology to meet development requirements.

The corporation has invested in scanners and 3D printers to serve moulding. Theinvestment has helped businesses reduce time to 10 days for moulding -and tosignificantly reduce delivery time.

Thai Binh Shoes has been equipped with a large amount of new machinery forsample development and production. They include programmable sewing machines,computerised embroidery machines and laser cutting machines to automateproduction stages.

This helps the company reduce costs, increase labour productivity and reduceworker risks in several production stages.

According to experts, while the labour productivity of domestic enterprises isonly four to six pairs of shoes per person per day, those of foreign-investedenterprises has reached 16-18 pairs a day and is expected to increase to 20pairs next year.

This difference has cost domestic enterprises big losses compared to foreignenterprises in terms of export turnover and added value. Bnews.vn quotedPhan Thi Thanh Xuan, the footwear association’s secretary, as saying that modernmanagement methods and technology would solve the problem of labourproductivity and the growth of the footwear industry.

This investment required a lot of capital, but it would improve productivityand improve product quality, she said.

Nguyen Duc Thuan, association chairman, said that it was important to improvethe quality of human resources as well as strengthening the application ofscience and technology in production.

Despite the high export turnover, the value of the footwear industry is stilllow, accounting for only 20-25 percent of the value chain.

Limitation on research and development has been a difficult problem forVietnamese enterprises. Only by taking the initiative in research anddevelopment, Vietnamese enterprises can increase their value over the wholevalue chain.

Recently, the Italian Trade Agency and the shoemakers’ association inauguratedthe Italy-Vietnam Footwear Technology Centre at the Lefaso Centre in thesouthern province of Binh Duong.

Italy will assist Vietnamese companies improve product quality throughtechnology transfer, consultancy and training of human resource.

✨ The centre is equipped with modern machinery and equipment imported directlyfrom Italy and other European countries, allowing small and medium-sizedenterprises in the leather-footwear industry to approach, research and developnew products.-VNA

VNA

See more

The official logo of resort airline Sun PhuQuoc Airways (Photo: Sun Group)

♐ Official logo of resort airline Sun PhuQuoc Airways announced

Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
High-end apartment projects in Gamuda Gardens Urban Area in Hanoi are developed by Malaysian real estate group Gamuda Land. (Photo: VNA)

꧟ OECD Economic Surveys: Vietnam 2025 report released

The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Vietnamese lychees make sweet impression on UK consumers (Photo: VNA)

Vietnamese lychees win over UK consumers

The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|