|Bamboo-made products are made in Phu Xuyen District, Ha Noi. The handicraft industry earned export revenue of $1.1 billion in the first nine months this year, rising by 15 per cent year-on-year. — VNA/VNS Photo Trong Dat
HCM CITY (VNS)—
Domestic handicraft exporters are benefiting from a new trend in which
customers from the EU and the US are moving to Viet Nam, according to the
Handicraft and Wood Industry Association of HCM City (HAWA).
Hawa said that the price of Vietnamese handicraft products
was much cheaper compared with other countries, including China.
This has encouraged customers from the EU and the US to
order products from Viet Nam.
Nguyen Ba Linh, director of the Tu Bon Handicraft Company in
the southern province of Binh Duong, said many export orders had been received
Each month, his company made 1,000 products to meet demand.
Luong Thi Thuy, director of the Hiep Luc Co-operative in
southern Dong Nai Province, said they had received orders up to May of next
year. Most of the customers were from the EU and the US.
Thuy said thanks to the increasing orders, her
co-operative's revenue increased by 25 per cent year-on-year.
The Phuoc Du Long Company in Binh Duong Province had a
fruitful year as their exports accounted for 90 per cent of its total yield.
Experts warned that problems existed in the domestic
Dang Quoc Hung, deputy chairman of Hawa, said the production
ability of Vietnamese handicraft producers was not stable.
Due to small-scale production, many companies could not meet
demand and failed to hand over products in time, he explained.
Ton Gia Hoa, deputy chairman of the Viet Nam Handicraft
Association, said Vietnamese handicraft producers had not invested much in
technology, production and design.
Many companies had faced losses or had to reduce their
The increasing cost of raw materials was also cited as
In the first nine months of this year, the handicraft
industry earned an export revenue of US$1.1 billion, rising by 15 per cent
To reach the goal of $1.5 billion in export value this year,
companies must invest more in technology, expert said. — VNS