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Labor Costs and Trade Agreements are Luring Footwear Brands to Vietnam

As sourcing costs rise along with trade tensions, the appeal of affordable labor costs and relatively tension free trade relations has footwear companies increasingly turning their attention to Vietnam. Pulling from the data compiled for its World Footwear Yearbook, World Footwear said Vietnam produced 1.18 billion pairs of shoes in 2017, giving it a 5.2%…

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