Dong Nai posts record-high footwear export

The southern province of Dong Nai exported over US$2.1 billion worth of footwear in January-October, posting the highest year-on-year increase of 17%.

Dong Nai is one of the three biggest footwear exporters of Vietnam with Europe and the US as key markets, according to Deputy Head of the provincial statistics department Tran Xuan Ha. 

He noted that a number of big orders from overseas are flowing into the province, which is hoped to help the footwear sector surpass its target of US$2.5 billion set for this year. 

In addition to footwear, wood-timber products and garment-textiles also grossed over US$1 billion in export turnover, which is forecast to surge in the remaining months. 

Illustrative photo. (Photo: VNA)

Key importers of the three staples are the US, Europe and the Republic of Korea. 

According to the provincial Department of Industry and Trade, in the first 10 months of this year, Dong Nai’s export turnover is estimated at over US$12 billion, up 10.6% over the same period last year. 

The province imported US$11.06 billion worth of goods, a year-on-year rise of 6.3%. It mainly purchased machines, equipment and spare parts together with apparel and footwear materials. 

Local export revenue is expected to reach over US$14.4 billion in 2015, up 15% against the previous year and nearly doubling that of 2010. 

To realise the target, the department will continue to improve administrative formalities and increase business competitiveness. 

The province will actively engage in cooperation and connectivity programmes with cities and provinces in different regions to create abundant opportunities for export while endorsing trade and investment promotion activities.
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