Who Will Be the Footwear Supply Replacement Country of China? Vietnam? (3)

Let's have a look at the favorable and unfavorable factors of Vietnam. Favorable factors: Low- cost labor force; Numerous shoe making equipment; So far Taiwan / Mainland Chinese entrepreneurs are welcomed to invest,etc. Unfavorable factors: firstly, with quite many labor-intensive and low value-added industries, potential of shoes industry is limited. Secondly, energy, pollution, labor and land problems exist. Especially in the area of HCHC, low value-add industry compete with high value-added industries for land and labor. Thirdly, port facilities are backward, but favorably Taiwan / Mainland investors are rebuilding. Lastly, political environment is unstable, which affects the shoe industry somehow.