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Textile & footwear exports rise in 2006

28 Apr '06
1 min read

Textile, garment and footwear were the top export products by the end of this year's first quarter.

Textile and garment exports together represented almost 38 percent growth reaching over US $1.75 billion, about 50 percent of which were supplied to the US.

Footwear exports registered about 20 percent rise bringing in nearly $1.1 billion.

As the footwear exports to the EU have to face anti-dumping duties, several leather shoe manufacturers have shifted to other accessories that are not subject to these duties.

Ho Chi Minh city (HMC) in the last four months posted $4.29 billion in export revenue, up 12.7 percent from the same period last year.

Garment industry, reaching $286 million, went up 11.4 percent over the same period last year while the domestic footwear industry hit $77.1 million in export revenue, rising by 8.8 percent.

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