Footwear, leather promotion conference scheduled this week
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A footwear and leather export promotion conference will be held in HCM City next week. In 2016, the sector earned an export revenue of US$16.2 billion, representing an year-on-year increase of 8.8 per cent.
The information was released on Friday by the Viet Nam Leather, Footwear and Handbag Association (Lefaso), which said this would be an opportunity for the Vietnamese footwear sector in general and Lefaso in particular to promote images and improve prestige and positions in the Asian region and the world.
The conference will also give an opportunity for local businesses to meet and share experiences with local partners, approach foreign importers and investors and seek co-operation agreements.
Some 300 firms manufacturing footwear and materials for the industry inside and outside Viet Nam are expected to participate in the conference, which will focus on issues such as footwear planning and related policies, investment environment, impact of free trade deal on the sector, labour relationship management in the labour-intensive sector, and supply chain optimisation to boost competition and sustainable development.
They will also discuss the state of the industry in Viet Nam in the context of integration, market demand and technical requirements for the industry to benefit from free trade deals.
Viet Nam’s leather and footwear industry expects to reach a total export value of US$18 billion this year, up 10 per cent from last year, the association said.
In 2016, the sector earned an export revenue of $16.2 billion, representing an year-on-year increase of 8.8 per cent.
Of which, $13 billion came from footwear and the remaining was from handbags and leather items, marking respective annual rises of 8.2 per cent and 11.1 per cent.
Questions & Answers
Q.What is the primary purpose of this footwear and leather export promotion conference?
What is the primary purpose of this footwear and leather export promotion conference?
The conference aims for the Vietnamese footwear sector and Lefaso to promote their image and enhance their prestige and position in Asia and globally. It also offers local businesses a chance to meet partners and approach foreign importers and investors.
Q.Which specific topics will be discussed at the upcoming conference?
Which specific topics will be discussed at the upcoming conference?
Discussions will cover footwear planning, related policies, the investment environment, and the impact of free trade deals on the sector. Labour relationship management and supply chain optimisation for competition and sustainable development will also be addressed.
Q.What was the total export revenue for the footwear and leather sector in 2016, and how was it broken down?
What was the total export revenue for the footwear and leather sector in 2016, and how was it broken down?
In 2016, the sector earned an export revenue of US$16.2 billion, an 8.8 per cent year-on-year increase. Of this, footwear accounted for US$13 billion, with handbags and leather items making up the remainder.
Q.What export value is the Vietnamese leather and footwear industry anticipating for the current year?
What export value is the Vietnamese leather and footwear industry anticipating for the current year?
The industry expects to achieve a total export value of US$18 billion this year. This would represent a 10 per cent increase compared to the previous year's figures.
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