Vietnam’s footwear export turnover in the first five months of this year reached over US$2.36 billion, up 31.8 percent over the same period of last year, according to the industry association. EU remains the leading importer of Vietnam’s footwear, according to Diep Thanh Kiet, deputy head of the Vietnam Leather and Footwear Association (LEFASO).
Export turnover to the US, Japan, Belgium, Holland, France, Denmark and Czech also rose by between 20 - 60 percent.
The EU’s removal of anti-dumping duty on Vietnam’s leather-capped shoes on April 1will help further stabilize the export of this commodity in the near future.
LEFASO forecasted that footwear exports this year will earn $5.5 billion in revenues.