On the 30th of June, the European Commission and the Government of the Socialist Republic of Vietnam announced the signature of the new Free Trade Agreement and the Investment Protection Agreement
The Asian country continues to step up its footwear exports, while it absorbs some of the business moving away from China. In 2018 Vietnam's exports crossed the 16 million US dollars threshold and growth reached double digit
According to statistics issued by the local entities revenue generated by exports of these industries have presented a very dynamic performance in over one decade, growing by 300%
The Asian country continues to step up its footwear exports, while it absorbs some of the business moving away from China. Double digit growth registered in the first nine months of the current year
Today the European Commission adopted the EU-Vietnam trade and investment agreements, paving the way for their signature and conclusion. The Commission is committed to putting these agreements in place as soon as possible
The first semester of the year closed with positive performance for the Vietnamese exports. Forecasts for the rest of the year indicates double digit growth
Affordable labor costs and free trade agreements with several countries are positioning the country in the pole position to attract foreign investment from some of the largest worldwide footwear players
The idea was defended by Di?p Thành Ki?t, Deputy Chairman at Lefaso, the Vietnam Leather, Footwear and Handbag Association, in a two-day Vietnam Footwear Summit in HCM City
Lefaso, the local Leather, Footwear and Handbag Association, is expecting foreign capital flows into the footwear industry to increase during the current year
According to Lefaso, the local association, Vietnam’s footwear exports in the first half of the current year have reached 7.06 billion US dollars, a 13.2% increase from similar period last year
Government representatives from Vietnam and Tanzania urged for stronger trade and investment ties between the two countries. In their view, footwear can highly contribute to this
According to the General Department of Customs in Vietnam, in the first six months of the year, exports of footwear increased by 11% from similar period in 2016
The facility, inaugurated at the Lefaso Centre in Binh Duong, was set up as part of a new collaboration between the two countries and aims to promote research and development of leather-shoe products
According to the Indonesia Investments Agency players in the country are concerned with the sharp growth of footwear imports. The growth rate of footwear imports is outpacing the growth of exports