New year sees more footwear orders

According to director Nguyen Chi Trung, Gia Dinh company has received many orders, most of which were transferred through China. However, fierce competition has prevented the outsourcing price from rising.

The world economy remains gloomy due to low oil prices which weaken the purchasing power, especially at its key import markets like the US and the EU, Trung said.

Domestic businesses had to lower outsourcing prices to maintain market shares and wait for market recovery to raise the added value of next orders, Trung revealed.