Vietnam's export of footwear down in value in first ten months

Vietnam earned 3.21 billion U.S. dollars from exporting footwear in the first ten months of this year, down 16 percent year-on-year, according to the information center of the Ministry of Industry and Trade on Monday.

With this figure, Vietnam is hardly to reach the target of raking in 4.77 billion U.S. dollars from exporting footwear this year, said the center.

In the first ten months, Vietnam produced 269.1 million pairs of footwear, nearly equal to the number of footwear manufactured during the same period last year.

In October alone, the country turned out 32.5 million pairs of footwear, down 18 percent year-on-year.

Vietnam gained 270 million U.S. dollars from footwear export in October, up 18 percent from September, according to the General Statistics Office.

Last year, Vietnam raked in 4.69 billion U.S. dollars from exporting footwear, according to the office.

Source:Xinhua