Home / Knowledge / News / Leather & footwear exports grow exponentially
Leather & footwear exports grow exponentially
12
Oct '10
According to the Vietnam Leather and Footwear Association, the leather and footwear exports this year are likely to surge to US $5.4 billion.

The sector's turnover for the initial nine months of current year has grown to US $3.6, up by 23.1 percent over corresponding period of last year. Whereas, EU continues to be the largest importer of Vietnamese leather and footwear items, US, Mexico, Brazil and Japan follow in its footsteps.

Reports released by the Ministry of Industry and Trade reveal that, backed by the global economic revival, there has been a vigorous rise in country's leather and footwear exports as compared to 2009. Vietnam now is the fourth biggest exporter of leather and footwear items across the world.

In spite of all this, the sector still has to rely on foreign raw material, funds and equipments. Hence, the Vietnam Leather and Footwear Association has presented a new plan for development through 2020, whereby they intend to hike the use of local raw-material from current 50 percent to almost 65-75 percent.

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 27th Mar 2017

NYCEDC announces $51mn package for NYC garment industry

New York City Economic Development Corporation (NYCEDC), in...

Apparel/Garments | On 27th Mar 2017

Fynd raises $500K Series A funding from Venture Catalysts

Fynd, an online to offline (O2O) e-commerce fashion marketplace, has...

Apparel/Garments | On 27th Mar 2017

India's fashion market to touch $30 bn by 2020: Report

The fashion market in India is estimated at $70 billion in 2016, with ...

Interviews View All

Arvind Saraf
Triveni Sarees

e-Commerce is still evolving fast with constant flux and surprises

Varinder Singh Jawanda
Trendy Bharat

Sizing and fitting issues are inherent problems for companies expanding...

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

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
March 2017

March 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search