Italian region financially assists Vietnamese footwear
VGP – The government of Toscana, a region in central Italy, on November 11 announced that it will allocate a grant of €250,000 in favor of Việt Nam’s leather and footwear industry.
The
financial assistance project, to be implemented in 2010, is part of a
cooperative framework between the Toscana economic promotion agency and the
Việt Nam Leather and Footwear Association (LEFASO).
Illustration photo
Up
to 90% of the financial assistance will come from funds of the European
Commission.
According
to Toscana senior officials, Việt
They
said the strong development of the country’s garment, textile, leather,
footwear and fashion industries, and its low labor costs and large customer force
are attracting many investors.
A
Vietnamese business delegation is expected to visit Toscana in March next year.