VOV.VN - The leather and footwear industry is expected to maintain the positive signs of growth seen throughout 2019 as local businesses continue to make great strides in capitalizing on opportunities brought about by the international economic integration to fulfill this year’s export turnover target of US$21.5 billion.
Vietnam’s export turnover from leather products and footwear is estimated to hit 21.5 billion USD in 2019, a year-on-year rise of 10 percent, said the Vietnam Leather, Footwear and Handbag Association (LEFASO).
Vietnam’s leather and footwear sector is set to continue to thrive in 2019, according to the Vietnam Leather, Footwear and Handbag Association (LEFASO).
Italian enterprises are seeking business opportunities in Vietnam, especially in leather, footwear and interior décor, sectors which are expected to benefit once the European Union – Vietnam Free Trade Agreement (EVFTA) is signed.
VOV.VN - The leather and footwear sector has not developed its support industry despite huge export value.
VOV.VN - Vietnam aims to earn between US$19.5 - 20 billion from leather and footwear exports in 2018, up 10% from 2017, according to a conference in January 12.
The Vietnam Leather and Footwear Association (Lefaso) will run a leather and footwear promotion conference focusing on improving business and export capability for enterprises on March 15 in HCM City.
The leather and footwear sector forecasts its export earnings can reach US$18 billion this year, up more than 10% from 2016, while manufacturing index would grow by 5%.
The leather and footwear sector forecasts that its export earnings can reach US$18 billion this year, up more than 10% from 2016, while manufacturing index would grow by 5%.
Many Vietnamese leather and footwear firms have been implementing new production and business strategies to seize opportunities offered by free trade agreements (FTAs), especially a deal between the country and the Eurasia Economic Union (EAEU) which took effect last month.
Vietnam’s leather and footwear industry is trying to move up the global value chain to seize the potential benefits of new-generation free trade agreements.
Vietnam’s leather and footwear industry expects to reach a total export value of US$17 billion this year, partly due to advantageous business conditions.
VOV.VN - The US has become the biggest importer of Vietnam’s footwear products with an import revenue of nearly US$4.1 billion, accounting for 33.9% of the country’s total footwear export value, according to the Vietnam Leather, Footwear and Handbag Association (LEFASO).
(VOV) - Vietnam’s footwear exports jumped 18.4% to US$8.8 billion during the first nine months of this year, according to the Ministry of Industry and Trade (MoIT).
(VOV) - After a few difficult years brought about by the global economic recession, Vietnam’s leather and footwear industry has been a key factor underpinning the resilience of the nation’s economic growth and employment.
Vietnam has surpassed China to become the biggest exporter of leather hiking shoe to the Republic of Korea (RoK) with a market share of 42.9 percent, according to a report released by Korea Customs Services on March 18.
A successful 2014 and the promise of bigger export opportunities has given the domestic leather and footwear industry the confidence to set a US$14 billion export target for this year.
Increasing the localisation ratio of leather and footwear products is a priority requirement for the industry in international integration as materials account for 68-75% of footwear production costs, the Vietnam Business Forum Magazine (VBF) said.
(VOV) - In the first half of the year, a number of the world’s leading footwear makers like Nike, Adidas and Puma have shifted their orders from China and Bangladesh to Vietnam.
(VOV) - Domestic and foreign-invested enterprises (FIEs) in the leather and footwear sector continue to experience impressive growth, ranking Vietnam the second largest global exporter of footwear.