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Vietnam posts bigger footwear export in first 8 months
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13:22, September 12, 2007

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Vietnam reaped footwear export revenues of over 2.7 billion U.S. dollars in the first eight months of this year, up 14.3 percent against the same period last year.

In August alone, the country earned 390 million dollars from exporting the products, mainly to the European Union, the United States and Japan, according to sources from the Vietnam Leather and Footwear Association (Lefaso) on Wednesday.

Vietnam is likely to make footwear export earnings of 3.9-4.1 billion dollars in 2007, up from nearly 3.6 billion dollars in 2006.

To this end, the Lefaso is encouraging footwear producers in Vietnam to diversify products, and produce more sport and cloth shoes, and slippers.

Vietnamese footwear producers and exporters are also intensifying tapping their three largest markets -- the European Union, the United States and Japan, and boosting export to new ones with big purchasing power like Indonesia, Malaysia, the Middle East, Africa, South Asia, Russia and Mexico.

Vietnam has planned to reap footwear export revenue of 6.2-6.5 billion dollars in 2010.

Source: Xinhua

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