Footwear enterprises facing challenges Business

Footwear enterprises facing challenges

Vietnam's leather and footwear enterprises face many challenges in the remaining months of 2022, especially the lack of market information, according to the Vietnam Leather, Footwear and Handbag Association (Lefaso).
FTAs create new driving force for exports Business

FTAs create new driving force for exports

The signing of a series of new-generation FTAs such as the CPTPP, the Vietnam-EU FTA, and the RCEP is expected to significantly impact the Vietnamese economy by helping expand import-export markets and open up new potential markets.
Positive signs seen in footwear export Business

Positive signs seen in footwear export

With 80 percent of workers returning to work in factories and abundant orders right from the beginning of the year, the footwear sector has seen bright prospects for this year.
Kien Giang posts 2 percent rise in nine-month export earnings Business

Kien Giang posts 2 percent rise in nine-month export earnings

The Mekong Delta province of Kien Giang earned over 526 million USD in export value in the first nine months of 2021, meeting over 70 percent of the year’s plan and posting a year-on-year rise of nearly 2 percent, according to the provincial Department of Industry and Trade.
Key export sectors the target of M&As by foreign investors Business

Key export sectors the target of M&As by foreign investors

Several of Vietnam’s key export sectors, such as textile-garment, leather-footwear, and electronics have become magnets for merger and acquisition (M&As) activities, posing a risk of leading enterprises in those sectors being purchased by foreign investors.
Footwear sector further penetrates global supply chain Business

Footwear sector further penetrates global supply chain

Vietnam’s footwear sector is now beginning to see positive signs after export revenue for footwear and handbags fell 11 percent year-on-year to 19.5 billion USD in 2020, making it one of the sectors hardest hit by COVID-19.
Leather and footwear on course for strong recovery: LEFASO Business

Leather and footwear on course for strong recovery: LEFASO

Vietnam's leather and footwear industry was on course for a strong recovery as more international fashion brands were valuing the country as an important part of the global supply chain, according to the Vietnam Leather, Footwear and Handbag Association (LEFASO).