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

Textiles | On 22nd Jul 2017

Govt constitutes GST Feedback and Action Room

The Government of India has constituted a Feedback and Action Room...

Textiles | On 22nd Jul 2017

India’s cotton textile exports fell in FY17: Tamta

The overall export of cotton textiles from India declined in 2016-17...

Textiles | On 22nd Jul 2017

Stella McCartney, Bolt Threads partner for eco fashion

Fashion designer Stella McCartney has partnered with Bolt Threads for ...

Interviews View All

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Nitin Bhatia
Trend Arrest

Setting up a brand for online selling is easy, but running the brand is not

Cindy McNaull
Cordura

We have broad range of options in durable fabrics

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Lynda Kelly
Suominen Corporation

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

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Wendell Rodricks
Wendell Rodricks

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

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

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

July 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

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

Yes No

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

Yes No

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


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



X