July 30, 2014 | 18:07 (GMT+7)
Dong Nai: footwear export fetches over 1.1 billion USD
The southern province of Dong Nai earned more than 1.1 billion USD from footwear export in the first seven months of this year, up 12.8 percent year-on-year.
The southern province of Dong Nai earned more than 1.1 billion USD from footwear export in the first seven months of this year, up 12.8 percent year-on-year.
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Illustrative photo. Source: VNA
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According to Director of the provincial Department of Industry and Trade Le Van Danh, in July alone, the export of this product brought about 167 million USD to the province, up 16.4 percent over the previous month and 5.1 percent compared to a year earlier.
He said that growth was seen in almost all markets, led by the Republic of Korea with 323 million USD and the US with 309 million USD. They were followed by Belgium, 98 million USD, China, 50 million USD and the UK, 75 million USD, he said.
Local businesses attributed the growth to the Generalised System of Preferences (GSP) that the European Union has granted to Vietnam, coupled with the economic recovery in many markets, including the EU and the US.
In addition, abundant human resources and product quality also helped the locality attract orders from many giants such as Nike, Adidas and Puma.
Source: VNA