Dong Nai’s footwear export up in H1

Dong Nai, footwear export, Dong Nai, footwear export, News,
A shoe production company in Dong Nai Province. This province's footwear export value in June was about US$411 million, a surge of 12 per cent year on year. — Photo

The southern province of Dong Nai in the first half of this year gained growth of nearly 7 per cent in footwear export value to US$2.14 billion compared to the same period last year.

This was the largest export value among key export products of Dong Nai. At the same time, the footwear industry had the highest trade surplus with over $1.7 billion.

According to the Dong Nai Statistics Office, the footwear export value in June was about $411 million, a surge of $80 million month on month and 12 per cent year on year.

Dong Nai has more than 50 export goods, of which major export products include footwear, garments, wood, yarn, and the group of machinery, equipment and spare parts. Those major export products account for nearly 60 per cent of the province's total export value. The export value reached nearly $4.94 billion in the first six months of the year.

Luc Van Thuy, head of the Trade Management Department under the Dong Nai Department of Industry and Trade, told the Dong Nai newspaper that the footwear industry has brought the biggest export value to the province and seen a growth in export value every year. The footwear production enterprises have improved the quality of products to meet the high demand of export orders.

Phan Thi Thanh Xuan, general secretary of the Vietnam Leather and Footwear Association, said the COVID-19 pandemic has caused export orders for Vietnamese footwear and bags enterprises to plummet. Many export orders under negotiation have not yet been finalised because the US and European markets still have very weak consumption. This greatly affects production plans, jobs and income of businesses and employees in the domestic leather and footwear industry.

According to the General Department of Customs, Viet Nam's footwear export turnover in the first five months of this year was $6.69 billion, a year on year reduction of $310 million.

Meanwhile, Dong Nai still maintained growth of 7 per cent in the first five months. This province was one of the four leading localities in producing and exporting footwear. Dong Nai's footwear export value accounted for more than 20 per cent of the national total export value.

Shoes manufactured in Dong Nai are exported to about 80 markets worldwide, of which the US and the EU being the two largest markets, according to the provincial statistics office. — VNS

News Related


Mekong – Japan Ministerial Conference discusses COVID-19 response

Vietnamese Deputy Prime Minister and Minister of Foreign Affairs Pham Binh Minh and Japanese Minister of Foreign Affairs Motegi Toshimitsu co-chaired the 13th Mekong – Japan Ministerial Conference on July 9, focusing on... Read more »

Vietnam, Canada hold deputy foreign ministerial political consultation

Permanent Deputy Foreign Minister Bui Thanh Son and Canada’s First Deputy Minister of Foreign Affairs Marta Morgan co-chaired the 2nd Vietnam - Canada political consultation at the deputy foreign ministerial level on July... Read more »

China-US relations face most serious challenge since establishment of ties

Relations between China and the United States are facing serious challenges since the establishment of diplomatic ties in 1979, Chinese State Councilor and Foreign Minister Wang Yi said Thursday. Read more »

US sailors joining East Sea exercise asked to wear face masks

Two US Navy admirals in charge of a rare exercise in the East Sea say "extraordinary" coronavirus measures taken by the service, including requiring all sailors to wear face masks, have made their... Read more »

Foreign Affairs Asia reports on Vietnam’s efforts to remove IUU yellow card

Foreign Affairs Asia has reported on Vietnam’s efforts to prevent illegal, unreported, unreported and unregulated (IUU) fishing to win opportunities in new fishing export deals. Read more »

Vietnam’s outlook is ‘one of the brightest’ in Asia: Foreign experts

Vietnam is among the “brightest” spots in Asia despite the challenge of trying to contain the coronavirus pandemic — and its economy is poised to rebound, a UBS economist said this week. Read more »

Vietnam, Cambodia pledge stronger cooperation

Party General Secretary and State President Nguyen Phu Trong on Thursday held a phone talk with President of the Cambodian People's Party and Cambodian Prime Minister Hunsen to discuss bilateral ties. Read more »

Mekong-Japan cooperation supports economic recovery in member countries

The 13th Mekong - Japan Ministerial Meeting held online Thursday was hosted by Vietnamese Deputy Prime Minister and Foreign Minister Pham Binh Minh and Japanese Minister for Foreign Affairs Toshimitsu Motegi. Read more »

4th flight carrying Vietnamese citizens in the US back home

The 4th flight carrying Vietnamese citizens stranded in the US due to COVID-19 back home left Dulles, Washington on Thursday (Vietnam time). Read more »

Vietnam, Canada strengthen economic ties

Permanent Deputy Foreign Minister Bui Thanh Son and Canadian First Deputy Minister for Global Issues Marta Margan co-chaired the 2ndVietnam-Canada Deputy Foreign Ministerial Political Consultation on Thursday. Read more »