According to the General Statistics Office (GSO) on Tuesday, Vietnam's leather and footwear exports in the first half year up 31 percent year-on-year, reached nearly 3 billion U.S. dollars. Besides that, there are many domestic producers already received export orders for the second half of the year. All these will make the volume of export orders in 2011 increase by roughly 20 percent compared to last year, and the orders' prices surge by roughly 7-10 percent.
Through there are many obstacles, such as, high interest rates, inflation and rising cost of raw materials, the Vietnamese leather and footwear industry will try their best to make the export turnover reach 5.5 billion U.S. dollars this year, compared to nearly 5.1 billion U.S. dollars last year.
Vietnam has exported to the United States, the European Union, Japan, Belgium, Holland, France and Denmark and so on ,totaling 50 countries and territories worldwide. This makes Vietnam one of the world's top ten footwear exporters.
2020 its growth strategy is develop supporting industries as well as materials supply, the industry expects to earn 9.1 billion U.S. dollars from the exports by 2015, and 14.5 billion U.S. dollars by 2020, LFA said.
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In the First Half Year Vietnam's leather, footwear export up 31%
