Viet Nam's footwear export turnover is estimated to reach 280mio US$ in February, a year-on-year rise of 30.8%, according to the Viet Nam Leather and Footwear Association.
Exports of handbags, suitcases, caps and umbrellas also jumped by 42.9% to 40mio US$ in February.
The association forecasts that the footwear industry will face difficulties this year due to fierce competition, the lack of material sources for production and poor design patterns in addition to the European Union's anti-dumping tariff rate of 10%.
To cope with the situation, the association suggested its affiliates focus on making products using high-quality materials to increase value and continue seeking outlets to minimise risks due to market fluctuations.
Source: VNA
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