Vietnam’s footwear exports up 26.4 pct

April 29, 2011 | 09:18

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Vietnam’s footwear export turnover in the first four months of this year reached over $1.74 billion, up 26.4 per cent over the same period of last year, according to the General Statistics Office.

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EU remains the leading importer of Vietnam’s footwear with $511 million in revenues in the first quarter of this year, a year-on-year increase of 13.3 per cent and accounting for over 40 per cent of the country’s total footwear export turnover.

Export turnover to the US, Japan, Belgium, Holland, France, Denmark and Czech also rose by between 20 - 60 per cent.

Nguyen Thi Tong, General Secretary of the Vietnam Leather and Footwear Association (LEFASO) said that the EU’s removal of anti-dumping duty on Vietnam’s leather-capped shoes on April 1 would help further stabilise the export of this commodity in the near future.

LEFASO forecasted that footwear exports this year will earn $5.5 billion in revenues.

VIR/VNA

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