Business

Footwear, handbag exports reel in nearly 14.5 bln USD in eight months

Vietnam’s export turnover from footwear products and handbags reached nearly 14.5 billion USD in the first eight months of 2019, according to the Vietnam Leather, Footwear and Handbag Association (LEFASO).
Footwear, handbag exports reel in nearly 14.5 bln USD in eight months ảnh 1Vietnam gains nearly 14.5 billion USD in footwear and handbag exports in the first eight months of 2019 (Photo: VNA)

Hanoi (VNA) - Vietnam’s export turnover fromfootwear products and handbags reached nearly 14.5 billion USD in the firsteight months of 2019, according to the Vietnam Leather, Footwear and HandbagAssociation (LEFASO).

Of the value, exports of footwear products were close to 12billion USD, while that of handbags reached 2.475 billion USD, up 13.1 and 10.9percent year on year, respectively.

Exports to top markets of Vietnamese footwear products sawincreases compared to the same period last year, with the US market growing 13.5percent, the EU, over 10.1 percent; and Japan, 11.8 percent.

LEFASO projected Vietnam to earn 21.5 billion USD fromleather products and footwear this year, a year-on-year rise of 10 percent. Italso predicted the sector’s production will grow by 10-11 percent.-VNA
VNA
#Vietnam's footwear and handbag exports #Vietnam's footwear exports #Vietnam's handbag exports #Vietnam Leather #Footwear and Handbag Association #LEFASO #updated Vietnam news #Vietnamplus #Vietnam News Agency
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