• An Giang
  • Binh Duong
  • Binh Phuoc
  • Binh Thuan
  • Binh Dinh
  • Bac Lieu
  • Bac Giang
  • Bac Kan
  • Bac Ninh
  • Ben Tre
  • Cao Bang
  • Ca Mau
  • Can Tho
  • Dien Bien
  • Da Nang
  • Da Lat
  • Dak Lak
  • Dak Nong
  • Dong Nai
  • Dong Thap
  • Gia Lai
  • Ha Noi
  • Ho Chi Minh
  • Ha Giang
  • Ha Nam
  • Ha Tinh
  • Hoa Binh
  • Hung Yen
  • Hai Duong
  • Hai Phong
  • Hau Giang
  • Khanh Hoa
  • Kien Giang
  • Kon Tum
  • Lai Chau
  • Long An
  • Lao Cai
  • Lam Dong
  • Lang Son
  • Nam Dinh
  • Nghe An
  • Ninh Binh
  • Ninh Thuan
  • Phu Tho
  • Phu Yen
  • Quang Binh
  • Quang Nam
  • Quang Ngai
  • Quang Ninh
  • Quang Tri
  • Soc Trang
  • Son La
  • Thanh Hoa
  • Thai Binh
  • Thai Nguyen
  • Thua Thien Hue
  • Tien Giang
  • Tra Vinh
  • Tuyen Quang
  • Tay Ninh
  • Vinh Long
  • Vinh Phuc
  • Vung Tau
  • Yen Bai

Japanese firms boost sports shoe production in VN

VNGOV – Japan’s sporting goods makers Mizuno Corp. and Asics Corp. are bolstering sports shoes production in Việt Nam, looking to gradually lower their reliance on China.

10/19/2007 07:17

After the launch of full-scale production at a partner factory in Hồ Chí Minh City, Mizuno aims to make 1 million pairs in the Southeast Asian nation in fiscal year 2007, which will end March 31, 2008. The company plans to add one more partner factory in Việt Nam as early as next year.

Mizuno intends to raise its total shoes sales for fiscal year 2010 to 15 million pairs, a 50 percent increase from the figure projected for the current fiscal year.

The output from Việt Nam is expected to account for almost 30 percent of the projected sales, at about 4 million pairs.

"The attraction of Việt Nam as a production base is growing because labor costs are relatively low and infrastructure has been improving," a Mizuno official said.

Meanwhile, Asics has allocated around 6 million pairs, or 20 percent of its planned overall shoes output of roughly 33 million pairs for the current fiscal year, to two partner factories in Việt Nam.

By fiscal year 2010, Asics plans to make 30 percent of its shoes in Việt Nam.

(Source: VNA)