Home / Knowledge / News / Textiles / Vietnam handbag exports cross US$1bn-mark

Vietnam handbag exports cross US$1bn-mark

03
Jan '12
Vietnamese leather industry has exported handbags worth more than US$ 1 billion in 2011, according to the Vietnam Leather and Footwear Association (Lefaso).

Handbags are among the 26 items exported by the Vietnamese leather industry.

However, the handbag exports have come from foreign direct investment companies. Lefaso is now targeting a 30 percent export sales from domestic handbag manufacturing companies over the next few years.

In 2011, 25 million handbags, rucksacks, etc. were sold in Vietnam's domestic market, of which, about 15 million were manufactured by local companies.

Lefaso said 8 well-known companies are planning to shift their production base from China to Vietnam to meet the growing global demand in the sector.

Lefaso has set the target of US$ 1.5 billion for handbag exports in 2012.

Fibre2fashion News Desk - India


Must ReadView All

Pic: Shutterstock

Retail | On 29th Jul 2021

UK department store Selfridges put up for sale for £4 bn

Canada's Weston family that owns Selfridges has put up the UK...

Pic: Shutterstock

Fashion | On 29th Jul 2021

Australians value ethical fashion but struggle to take action: Report

Australian consumers feel ethical purchasing is important, but are...

Pic: Shutterstock

Textiles | On 28th Jul 2021

Global economy projected to grow at 6% in 2021, 4.9% in 2022: IMF

The IMF recently projected the global economy to grow at 6 per cent...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

There was a certain switch, but it was not 100% pandemic related

Textile Industry, Head honchos

Textile Industry
Head honchos

Strongly believe in 'people first' policy.

Textile Industry, Head honchos

Textile Industry
Head honchos

Trainers faced immense challenges as most were not tech-savvy

David Guiho,

David Guiho

Headquartered in Apt, South of France, Delta Plus designs, manufactures...

Sanjay Vakharia,

Sanjay Vakharia

One of the first few Indian denim brands, Spykar, established in 1992, was ...

Zayed Moyeen,

Zayed Moyeen

Far East Knitting and Dyeing Industries LTD (FEKDIL) was established in...

Madison Maxey, Loomia

Madison Maxey
Loomia

Loomia designs and manufactures soft circuit systems that can be produced...

Robert Brookins, Alexium International

Robert Brookins
Alexium International

Alexium International is a specialty chemical development company...

Hemant Bheda, Arevo

Hemant Bheda
Arevo

Arevo, based in Silicon Valley in California, develops technology to...

Seema Gujral, Label Seema Gujral

Seema Gujral
Label Seema Gujral

<b>Seema Gujral</b>'s designs for her eponymous label revolve around...

Sweta Agarwal, A Humming Way

Sweta Agarwal
A Humming Way

A Humming Way (AHW) is inspired by the old-world regalia of Rajasthan...

Ramya Rao & Kavea R Chavali, Kalaneca

Ramya Rao & Kavea R Chavali
Kalaneca

<div>The journey of Kalaneca (kala-Art, Neca- Nikaah) formally began in...

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

Leave your Comments


July 2021

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


Advanced Search