Vietnam’s footwear export increases nearly 31pct

Production and business activities of enterprises in the footwear industry have been more favorable after the European Commission (EC) terminated imposing the anti-dumping duties on Vietnam’s leather shoe products and the country’s footwear export turnover this year may reach $6 billion, according to the Ministry of Industry and Trade (MoIT).
Particularly, in Jan-Sept., the country’s export turnover for footwear products earned some $4.76 billion, rising 30.8% from the same period last year. Basing on this figure, Vietnam Leather and Footwear Association (Lefaso) forecasts the country’s footwear export this year is likely to reach $6 billion as targeted by early this year.

Currently, some biggest foreign buyers for Vietnam’s footwear products are the US, Belgium, Italy, France and Spain. New importers such as Portugal, Philippines and Thailand also have reached higher export growth rate from the same period last year. – Source: Vietbiz24.com

Tags: Vietnam Footwear, Vietnam Footwear Exports

Posted by VBN on Oct 7 2011. Filed under Garment Textile. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry