Apparel Exports -33.2 per cent On Year; Footwear -26 per cent in January
The textile and garment industry is estimated to earn US$550 million in January, down 33.2 per cent on-year while footwear reports export value of US$350 million, down 26 per cent on-year, according to the General Statistics Office (GSO).
Apparel and leather shoe export orders this year are forecast to drop between 30 per cent and 50 per cent as compared with last year.
Representatives from the two industries said export turnovers in 2009 are maybe equal to 2008.
Last year, Vietnam earned US$9.1 billion from apparel exports, up 17.5 per cent on-year and US$4.69 billion from shoe exports, up 17.6 per cent on-year.
Apparel is now Vietnam’s second biggest forex earner behind crude oil while leather and footwear is the third largest. (GSO Jan 2009)
Vietnamese
