Vietnam's leather and footwear industry sets export target of US$25 billion for 2022

Shoes are being assembled at Truong Xuan Shoes and Co factory in Hanoi. - Vietnam News/ANN

HANOI, Feb 4 (Vietnam News/ANN): Vietnam's export of leather, footwear and bags this year will likely increase 10-15 per cent year-on-year to about US$23-25 billion, the Vietnam Leather, Footwear and Handbag Association (Lefaso) has forecast.

The prediction was delivered by Lefaso based on the world economic outlook and developments, control of the Covid-19 pandemic as well as several orders businesses inked for 2022.