Vietnam’s leather, footwear lauded at int’l fair in Australia
Vietnam’s leather, footwear and handbags were lauded to be comparable to those made in China, Pakistan, India, Singapore, Indonesia and South Africa during an international fair held in Melbourne city, Victoria state of Australia from November 12 – 14.
Sydney (VNA) – Vietnam’s leather, footwear andhandbags were lauded to be comparable to those made in China, Pakistan, India,Singapore, Indonesia and South Africa during an international fair held inMelbourne city, Victoria state of Australia from November 12 – 14.
Led by the Vietnam Leather, Footwear and Handbag Association(LEFASO), the delegation of participating Vietnamese enterprises introduced theirwell-known brands at 14 stalls.
As the largest-scale international fair in Australia, theevent featured hundreds of stalls by more than 700 manufacturers and companiesaround the world, and attracted about 4,000 foreign visitors.
During the first day of the fair, several contracts withVietnamese exhibitors were reached, notably the one by CNES to open an agent inMelbourne.
LEFASO Vice Chairwoman Phan Thi Thanh Xuan suggestedAustralian businesses pay more attention to tapping the Comprehensive andProgressive Agreement for Trans-Pacific Partnership (CPTPP).
Head of the Vietnam Trade Office in Australia Nguyen Phu Hoarevealed a plan to launch a marketing campaign for Vietnamese leather, footwearand handbags in Australia in the near future.
Following the event, the delegation is scheduled to fly toNew Zealand to promote trade there./.
A string of international exhibitions on leather and shoes opened in Ho Chi Minh City on July 10, looking to help local businesses to seek reliable material suppliers as well as potential partners.
Vietnam’s export turnover from leather products and footwear is estimated to hit 21.5 billion USD in 2019, a year-on-year rise of 10 percent, said the Vietnam Leather, Footwear and Handbag Association (LEFASO).
The sudden depreciation of Chinese yuan against the US dollar brings more difficulties to Vietnam’s yarn industry, according to Vietnam Textile and Apparel Association (VITAS).
Vietnam’s export turnover from footwear products and handbags reached nearly 14.5 billion USD in the first eight months of 2019, according to the Vietnam Leather, Footwear and Handbag Association (LEFASO).
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.