Thursday, December 29, 2005

Exports: Vietnam to earn $2.9 billion from footwear exports

Vietnam is expected to earn around $2.9 billion this year from the country's footwear export industry. The figure represents an increase of 13.6% against last year.

Over 65% of exports went to the European Union. Most of the exports to the U.S. market were produced by wholly foreign-invested, joint-venture companies, as well as a few large local companies.