Home / Knowledge / News / Textiles / Handicraft exports on preferential list
Handicraft exports on preferential list
28
Feb '11
Le Ba Ngoc, Deputy Chairman of the Viet Nam Handicraft Exporters Association (Vietcraft) said that, handicraft item exports from the country are expected to go up by 12 percent to reach US$1.8 billion by close of the current year.

The government has added handicrafts to the list of export staples for the 2011-15 period. Such listed products gain from the support that the government extends for export promotion.

This has thus induced the Vietcraft official to believe that it would not be difficult for the sector to achieve the set targets.

Owing to the noteworthy contributions in raising the earnings and bringing down the poverty ratio of people in the rural areas, handicrafts have been placed on the government's preference list of key export items, for next five years.

Over 1,500 handicraft hubs across the nation, serves as a source of employment for around 70,000 people. The earnings of the craftsmen in these regions is almost three to four times higher than that of the farmers in the region.

Ngoc further stated that, Vietnam, with all its natural resources and highest number of craft villages in the region, has greater prospects for handicraft exports as compared to other countries in the region.

Counting on these benefits, Vietnam is the Asia's biggest exporter of fine arts and handicraft products, with a growth rate of 13 percent per annum in exports during recent years.

Also, Vietcraft with an intention to raise exports of handicraft items proposes to participate in international expositions and trade shows, during the year, so as to help the local handicraft exporters earn better access to the Asian markets.

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 18th Feb 2017

Bangladesh apparel sector has 95% local investors: BGMEA

Over 95 per cent of the total investors in the Bangladesh apparel...

Textiles | On 18th Feb 2017

Smriti Irani resolves cutting of carpets issue at ports

During a meeting held with stake holders of the carpet weaving...

Apparel/Garments | On 18th Feb 2017

Andhra Pradesh inks MoUs to set up 12 apparel units

At the recent CII Partnership Summit held in Hyderabad, memorandum of ...

Interviews View All

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Kerem Durdag
Biovation II LLC

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

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Sonam & Paras Modi
SVA

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

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

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
February 2017

February 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