Dong Nai earned more than US$1.1 billion from footwear export in the first seven months of this year, up 12.8 percent year-on-year.
Dong Nai earned more than US$1.1 billion from footwear export in the first seven months of this year, up 12.8 percent year-on-year.
According to Director of the provincial Department of Industry and Trade Le Van Danh, in July alone, the export of this product brought about US$167 million to the province, up 16.4 percent over the previous month and 5.1 percent compared to a year earlier.
He said that growth was seen in almost all markets, led by the Republic of Korea with US$323 million and the US with US$309 million. They were followed by Belgium , US$98 million, China , US$50 million and the UK , US$75 million, he said.
Local businesses attributed the growth to the Generalised System of Preferences (GSP) that the European Union has granted to Vietnam, coupled with the economic recovery in many markets, including the EU and the US .
In addition, abundant human resources and product quality also helped the locality attract orders from many giants such as Nike, Adidas and Puma.
(Source: VNA)
