Ha Noi’s export value up 24% in January

Capital city Ha Noi gained a year-on-year growth of 24 per cent in export value to reach US$1.05 billion in January. The export value from the state-owned sector was $139 million, up 9.8 per cent; it was $352 million from the private sector, up 16.6 per cent; and $556 million from foreign direct investment, up 33.6 per cent. In January, all key export items achieved strong growth in export value, including agricultural products (up 3.6 per cent against the same period last year); computer, components and peripherals (up 68.1 per cent); transport means and components (up 12.7 per cent); machinery and components (up 21.8 per cent); and glass and glass products (up 25 per cent). Ha Noi’s export value has increased sharply in recent years because businesses in the city have taken advantage of the recovery of major economies of the world, such as the United States, Japan, the European Union and China, reported kinhtedothi.com.vn. Meanwhile, municipal authorities have also come up with solutions to support enterprises in promoting exports, including programmes connecting banks with enterprises, land and tax policies and policies encouraging enterprises to apply advanced technology for production, processing and consumption. Nguyen Gia Phuong, director of Ha Noi Investment, Trade and Tourism Promotion Centre, said to support enterprises in expanding export markets and promoting brand products, the centre had continuously organised delegations of enterprises to join large international fairs and paid special attention to markets that signed free trade agreements with Viet Nam. The capital city has welcomed… [Read full story]

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