Vietnam exported footwear products worth more than $121 million to Brazil in the first six months of this year, up 55% compared with the same period last year.

According to Lefaso, the Vietnam Leather and Footwear Association, the country’s leather and footwear industry exports around 90% of total production to countries across the globe.

During the first half of 2012, the sector reported a 25% increase in export value to $3.4 billion. Revenue from value-added products in the industry for the first half increased by 40-45% compared with 38-40% during the prior-year period.

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