From July 13th to 17th, eight companies from the Brazilian leather sector will be joining a Business Mission to Vietnam. The initiative is coordinated by Brazilian Leather, sectoral project focused on the international promotion of leather produced in Brazil and coordinated by CICB (the Centre for the Brazilian Tanning Industry) in partnership with Apex-Brasil (the Brazilian Trade and Investment Promotion Agency).
As part of the Mission’s agenda, companies will take technical visits and business rounds in Ho Chi Minh, besides participating at Shoes&Leather Vietnam, the country’s largest leather and footwear exhibition. The Mission’s objective is to bring Brazilian suppliers closer to the ever growing Vietnamese market.
According to executive president of CICB, José Fernando Bello, the expectation is that the initiative generates around US$ 10 million in business for the segment. “Vietnam is the world’s fourth largest leather and skin buyer. In 2014 alone, it imported US$ 1,3 billion. The prediction is that, until 2025, the country doubles its consumption”, says Bello. “The country gathers over 600 footwear industries. It produces a billion pair of shoes and 150 million handbags a year, 40% of these products are made of leather. There is no doubt Vietnam is growing – and if that is the case, the Brazilian leather sector has to be there”, he adds.
In 2014, six companies took part in the Mission, bringing US$ 5,3 million to the Brazilian sector.
Besides CICB, the Business Mission to Vietnam gathers the following companies:
Alexander Shoes Representações Ltda
America Leather Imp. E Exp. Ltda
Couros Bom Retiro Ltda
Curtume Cubatão Ltda
Durlicouros Ind. e Com. de Couros Exp. e Imp. Ltda
Pacific Leather Imp. e Exp. Ltda