Wednesday, November 22 2017

VietNamNews

Handbag, suitcase, umbrella export values rise

Update: December, 16/2014 - 09:10
Viet Nam's handbag, suitcase and umbrella export values amounted to US$2.3 billion in the first 11 months of this year. — Photo vietnamexporrt
HA NOI  (VNS) — Viet Nam's handbag, suitcase and umbrella export values amounted to US$2.3 billion in the first 11 months of this year, up 34 per cent over the same period last year, reported Dau tu (Vietnam Investment Review).

The Ministry of Industry and Trade attributed the strong growth to contributions from foreign direct investment companies, which accounted for 70 per cent of the overall revenues. Domestic firms mainly took part in the processing phases, it added.

The Viet Nam Leather, Footwear and Handbag Association predicted that the current growth rate could propel the export values to exceed $2.5 billion this year. — VNS


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