Home / Knowledge / News / Pakistan leather sector seeks Vietnamese business
Pakistan leather sector seeks Vietnamese business
05
Feb '10
An 11 member delegation of Pakistan, representing the leading tannery and leather enterprises paid a visit to HCM city in a bid to find business opportunities in Vietnam and improve trade relations between the two countries.

Pakistan is recognized for high-quality leather shoes and their reasonable prices. Leather entrepreneurs of the country seek trade expansion in Vietnam, said Ambassador Mr. Shahid MG Kiani, while speaking at a Vietnam-Pakistan business meet, wherein Pakistani products were displayed.

This meeting was cooperatively conducted by the Pakistan Embassy, Pakistan Tannery Association and the VCCI's HCM City branch.

Pakistani leather would surely meet Vietnamese enterprises' demands, said the Pakistani delegation following their visit to two Vietnamese leather shoe companies.

Bilateral turnover of both the countries has increased steeply in recent years. It reached US $10 million in 2000 and surged up to $150 in 2008, said Mr. Nguyen The Hung, Deputy General Director of the HCM City branch of the Vietnam Chamber of Commerce and Industry.

Vietnam is a potential market for leather and tannery sector with an annual growth rate of 16 percent. In 2007 and 2008, Vietnamese leather shoe industry witnessed export turnover of $4 billion and $4.5 billion, respectively. However, tannery factories of the country account for a mere 20 per cent of industry demands, resulting into a dependence on imported leather.

In order to give a fillip to the economic collaboration of Pakistan businesses in Vietnam, a number of preferential policies would be formed by the HCM City authorities, informed Mr. Hung.

Fibre2fashion News Desk - India


Must ReadView All

Indian govt approves special package for leather, footwear

Textiles | On 16th Dec 2017

Indian govt approves special package for leather, footwear

The Union Cabinet chaired by PM Narendra Modi has approved a special...

EU parliament resolution calls for Cambodia sanctions

Apparel/Garments | On 16th Dec 2017

EU parliament resolution calls for Cambodia sanctions

Following the ongoing crackdown in Cambodia on the opposition and...

Affordable prices to be hit if US pulls out of NAFTA: NRF

Apparel/Garments | On 16th Dec 2017

Affordable prices to be hit if US pulls out of NAFTA: NRF

US retailers’ ability to offer consumers quality products at...

Interviews View All

Kaizad Hansotia
GetNatty

Competition is the best thing that can happen to a startup

Manuj Terapanthi
Texaura

Transparent supply chain and fair trade will boost sustainable market

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

December 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
68.1%
No
13.8%
Skip
18.1%

Total Votes: 94

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
62.8%
No
29.8%
Skip
7.4%

Total Votes: 94

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.2%
No
9.6%
Skip
3.2%

Total Votes: 94

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
81.9%
No
8.5%
Skip
9.6%

Total Votes: 94


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search