Domestic and foreign-invested enterprises (FIEs) in the leather and
footwear sector continue to show impressive growth, making Viet Nam the
second largest global exporter of footwear.
Leather footwear and handbag exports are expected to top US$12 billion
this year, achieving the target, the Viet Nam Leather and Footwear
Association (Lefaso) said.
Footwear exports fetched US$3.76 billion in the first five months of
this year, up 17.8 per cent year-on-year, according to the Ministry of
Industry and Trade.
Viet Nam ''s footwear industry sees many favourable
conditions to boost its exports as most local businesses have received
steady orders for the second and third quarters of 2013.