BAGS

Vietnam’s bag sector has been well known in both traditional making and industrial making. There are about 1,000 industrial enterprises, employing of 2 million workers being involved in the production of bags and briefcases in Vietnam. Of these, 70 percent are locally owned companies and the rest are FDIs. Beside, approximately 300,000 household enterprises in craft villages that produce tanned leather and other related materials. Many suppliers that specialize in fashion bags made of rattan, water hyacinth, straw and other eco-friendly materials are found in the northern city and provinces such as Hanoi, Thai Binh, Thai Binh, Ha Tay, Ninh Binh, Thanh Hoa, Bac Ninh, Bac Giang, as well as in Ho Chi Minh, Binh Duong, Tien Giang, Khanh Hoa, Dong Nai, Ben Tre and Cu Chi in the south. These areas have diverse natural materials and long-established traditional craft villages for natural handicraft products. For industrial types of bags, most factories are in the suburban areas of Binh Duong, Dong Nai, Ha Tay, Ninh Binh and Bac Ninh, where labor, land and transportation costs are relatively lower.

The bag export has recorded double-digit increase between 2012 and 2015, averaging 25 percent year-on-year. In 2015, overseas sales reached $2.9 billion, up 16 percent from the previous year. The US, Japan, the Netherlands, Germany and mainland China are the largest export markets for Vietnam bags and wallets, with cumulative overseas sales topping $2 billion. Vietnam is very good sourcing option for craft weaving fashion bags, canvas bags, wallet as well as suitcases, travel and sport backpacks, drawstring bags and non-woven bags.