Ministry of Trade reported that footwear exports turnover in the first seven months of 2006 pulled in more than US $2 billion, representing year–on–year increase of 22 percent, despite the crisis of anti–dumping lawsuit by EC.
Sharp growth was recorded at markets of Taiwan and other than EU bloc.
During January–July period this year, EU, US and Japan remained the three top importing markets.
However, footwear industry has witnessed 10 percent decreasing rate in its production output since late 2005 because of the lack of orders from the EU markets.
Continously gaining higher growth at the US market is remarkable achievement for the country in an effort to exploit new markets, diversify goods categories and minimize risks.
Fibre2fashion, News Desk - Vietnam
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