Vietnam becomes leading exporter of bags, suitcases
VOV.VN - Currently, Vietnam ranks fifth among top ten exporters of bags and suitcases in the world, accounting for 5.4% the global supply, according to the Vietnam Leather, Footwear and Handbag Association (LEFASO).
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LEFASO President Nguyen Duc Thuan said exports have grown 10-15% annually over the last five years. Many international brands have built their manufacturing plants in Vietnam.
The LEFASO representative said, last year the US, Hong Kong and Japan were the three largest importers of backpacks, bags and suitcases while China was the biggest exporter of the products, making up 40.8% of the total global supply.
