This study examines the factors influencing the involvement of Vietnamese enterprises in the global footwear supply chain. It uses the Porter Diamond Model to evaluate the competitive advantages of Vietnamese footwear enterprises based on four key attributes: factor conditions, demand conditions, related and supporting industries, and firm strategy, structure, and rivalry. The research combines various methods, including a review of previous studies, analysis of secondary data, and in-depth interviews with twelve industry experts. The findings offer insights and managerial implications for enhancing supply chain collaboration among Vietnamese footwear companies. It suggests that Vietnamese businesses and policymakers should actively engage in the global supply chain to gain higher competitive advantages and advance to more value-added activities. The study discusses practical and theoretical implications.