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Footwear profits are leaving Vietnam, warns Lefaso

15/05/2014

Vietnam has reported a 21% growth in the value of footwear exports in the first four months of the year. It exported $730 million worth of footwear in April, bringing 2014’s total to $2.9 billion. However, the Viet Nam Leather and Footwear Association (LEFASO) has warned that with many of the footwear manufacturers owned by overseas groups,...

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