Footwear exports to reach US$6 billion

Vietnam is expected to earn US$6 billion from its footwear exports by the end of the year, according to the Ministry of Industry and Trade.

By far it has already fetched US$5.11 billion, an increase of 25.8 percent from a year earlier. 

Footwear is just after garment and textiles, and crude oil in terms of export earnings for the country.

However, Vietnam’s footwear exports to the European Union (EU) are showing signs of declining due to the impact of economic downturn in the region.

vov

>   Hard labour for labour-intensive workers (16/12/2011)

>   Spring fair 2012 to open in Hanoi (16/12/2011)

>   Parboiled rice exports to increase (16/12/2011)

>   Move to a competitive power generation market delayed (16/12/2011)

>   Vietnam falls in WEF ranks (16/12/2011)

>   In 2011, Vietnamese consumers feel dizzy with shocking news (16/12/2011)

>   80 percent of handicrafts businesses drag out their miserable existence (16/12/2011)

>   2012 remains challenging for businesses (16/12/2011)

>   Vegetable and fruit exports hit US$600 million (15/12/2011)

>   Pushing up pangasius export to the U.S (15/12/2011)