Illustrative image (Photo: VNA)
Hanoi (VNA) – Domestic leather and footwear firms have no choice but to convert their production activities as difficulties are expected to linger through this year due to the impact of the
COVID-19 pandemic, experts have said.
According to
Phan Thi Thanh Xuan, an expert from the project on promoting reform and enhancing connectivity of small and medium-sized enterprises funded by the US Agency for International Development (
USAID), the industry had been negatively affected since the outbreak of the pandemic last year.
At that time, most enterprises merely had enough materials for production until the first week of March. From March onwards, the pandemic spread shut down the European and US markets where almost all stores were closed and sales fell freely.
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