The Vietnam Leather, Footwear and Handbag Association foresees export revenue of the sector represented by the trade body to hit $26-27 billion this year.
In the first half this year, the sector’s exports exceeded $6.5 billion—up by 5.7 per cent YoY.
However, stricter standards and traceability in major markets will make future tough for the sector, it said.The Vietnam Leather, Footwear and Handbag Association foresees export revenue of the sector represented by the trade body to hit $26-27 billion this year.
In the first half this year, the sector’s exports exceeded $6.5 billion—up by 5.7 per cent YoY.
However, stricter standards and traceability in major markets will make future tough for the sector, it said.
Vietnam’s 2024 exports of leather, footwear, handbags may hit $27 bn
