Vietnam increases export of footwear and leather products Vietnamese shoe companies select customers from their Chinese counterparts
09.01.2017 4655

Vietnam increases export of footwear and leather products

According to preliminary forecasts, the volume of export of footwear and leather products in Vietnam in 2017 can reach $ 18 billion, which is by 10% higher than the same indicator for 2016, the newspaper Le Courrier du Vietnam writes.

This optimistic assessment of Vietnamese exports in the segment of footwear and leather products is explained by a slight improvement in the global economic situation, and China’s decision to reduce some of the privileges for investors in the textile, leather and footwear industries in order to focus on attracting investments in the high-tech sector. The latter led to the outflow of a certain part of customers from China to Vietnam.

Vietnam’s efforts to modernize production facilities and maximize the benefits of free trade agreements with other countries were not in vain.

In 2016, the volume of export of shoes and leather goods in Vietnam reached $ 16, 2 billion, having increased by 8,8% over the year. The volume of export of shoes amounted to about $ 13 billion and $ 3,2 billion - accounted for the export of bags and other leather products.

According to preliminary forecasts, the volume of exports of footwear and leather products in Vietnam in 2017 may reach $ 18 billion, which will be 10% higher than the same indicator for 2016, - writes ...
5
1
Rating

Latest News

The final stage of the international Shoes-Style competition took place in Moscow

On April 26, the final stage of the international competition for shoe and accessory designers Shoes-Style was held at VDNKh in Moscow as part of the Russia exhibition. The event included a presentation of the collections of shoes and accessories of the finalists of the competition and an award ceremony...
27.04.2024 82

Euro Shoes exhibition starts a day earlier

The international exhibition of footwear and accessories Euro Shoes premiere collection will be held in Moscow at Expocentre from August 26 to 29 (Monday-Thursday). The event period has shifted by one day, at the request of the management...
26.04.2024 140

Lamoda Sport will support the release of new sports shoes with an advertising campaign

With the beginning of the spring season and the appearance of new models of sneakers from the world brands Adidas, Puma, Reebok and New Balance on the Lamoda Sport network, the Lamoda company will launch an advertising campaign in order to attract consumers to both goods,…
25.04.2024 213

Trend Island department store opened in Moscow in the Evropeisky shopping center

In mid-April, the opening of the second Trend Island department store took place in one of the key shopping centers of the capital, in the Evropeisky shopping center. The first department store with a focus on presenting collections of clothing, shoes and accessories from Russian designers was…
25.04.2024 275

The qualifying round of the Shoes-Style competition for footwear and accessories designers took place in Moscow.

On April 24, the qualifying round of the international competition of shoe and accessory designers “Shoes-Style” took place. At the site of the competition organizer, Russian State University. A.N. Kosygin demonstrated 70 collections of participants...
25.04.2024 505
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning