The leather and footwear sector is estimated to earn 4.59 billion USD from export this year, equal to last year’s figure but down 10 percent from its yearly target, according to Nguyen Thi Tong, Chairwoman of the Vietnam Leather and Footwear Association.
Footwear export revenues stood at 2.79 billion USD so far this year, down by 327 million USD year-on-year, Tong said at a meeting with the Industry-Trade Ministry to review the sector’s production and business and discuss plan for 2010 held in Hanoi on Aug. 19.
Meanwhile, export of bags reached 450 million USD with only a slight rise against the last year’s figure.
According to the chairwoman, the decline was attributed to impacts from the global economic downturn and difficulties in the European Union market.
She noted, however, that there are positive changes in product structures, including a higher rate of sports shoes targeting your customers.
Deputy Industry-Trade Minister Bui Xuan Khu said the sector has work harder to overcome its long-time weakness in design, material supply, production scale and service infrastructure.
The sector needs to invest in material supply, develop environmental-friendly and high-tech projects, and pay more attention to the domestic market, he said./.
Footwear export revenues stood at 2.79 billion USD so far this year, down by 327 million USD year-on-year, Tong said at a meeting with the Industry-Trade Ministry to review the sector’s production and business and discuss plan for 2010 held in Hanoi on Aug. 19.
Meanwhile, export of bags reached 450 million USD with only a slight rise against the last year’s figure.
According to the chairwoman, the decline was attributed to impacts from the global economic downturn and difficulties in the European Union market.
She noted, however, that there are positive changes in product structures, including a higher rate of sports shoes targeting your customers.
Deputy Industry-Trade Minister Bui Xuan Khu said the sector has work harder to overcome its long-time weakness in design, material supply, production scale and service infrastructure.
The sector needs to invest in material supply, develop environmental-friendly and high-tech projects, and pay more attention to the domestic market, he said./.
