Vietnam’s “People’s Daily Online” reported on December 11 that export orders in major industries such as Vietnam’s textiles, clothing, and footwear are gradually recovering, which is expected to make up for the decline in exports in 2020.
The production index of many industrial industries is gradually recovering, and export orders in October have increased significantly compared with previous months, which is expected to prevent the export of textile, clothing, footwear and other industries. Declining trend.
The leather shoes and handbag industry, with an export volume of US$11 billion in 2019, has a huge impact on completing the established export targets.
The Vietnam Leather, Footwear and Luggage Association (Lefasdfssdfsso) report shows that following the sharp decline in orders in the second quarter, orders from various companies have gradually recovered since the third quarter, and some companies have gradually recovered. Year-end orders have been received.
In the first 10 months of 2020, footwear exports reached US$13.4 billion, a year-on-year decrease of 10.3%; handbag exports reached US$2.55 billion, a year-on-year decrease of 17.1%. However, orders in September and October increased by more than 10% compared with previous months. </p
