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]
Vietnam is estimated to reap $15.08 billion from exports in the first five months of this year, up 24.2 per cent on-year, meanwhile the country’s import spending is forecast at $16 billion, up 7.3 per cent on-year, according to the government’s General Statistics Office (GSO). The figures include $3.2 billion and $3.6 billion in export and import values in May, up 32.2 per cent and 9.3 per cent on-year, respectively, resulting in an estimated trade deficit of $400 million this month. Of the total export value in January-May, foreign-invested firms are likely to earn $6.31 billion, up 18.2 per cent…... [read more]
The total value of goods export in January 2013 is estimated at USD186 million, up 52.4% over the same period in 2012, according to the Hai Duong province Statistical Office. Some commodities of high export value are electric wires and cables reaching USD57,640, up 61.5%; textiles and garment USD38,185, up 53.4%; electronic items USD35,800, up 34.8%; shoes and sandals USD5,189, up 15.5% ...However, the value of exports of some products dropped in comparison with the same period in 2012, of which, the most are plastic products only at USD760,000, down 21.3 percent. The sharp increase of goods export value in…... [read more]
HA NOI (VNS)— Agricultural exports in the first month of the year surged by nearly 40 per cent over the same month last year to a value of US$2.17 billion, the Ministry of Agriculture and Rural Development has estimated. Workers loading rice for export at Sai Gon Port in HCM City. Agricultural exports in the first month of the year are expected to see a 40 per cent increase against 2012. — VNA/VNS photo Dinh Hue The director of the ministry's Information and Statistics Centre, Nguyen Viet Chien, said that export volume of most of the country's key cash crops…... [read more]
(VOV) - Ten agricultural products each has an export value of more than US$1 billion include rice, coffee, rubber, cashew nut, pepper, cassava, vegetables and fruits, tra fish and forestry products. The Ministry of Agriculture and Rural Development (MARD) reports that the agricultural sector earned US$30.86 billion from exports this year, a year-on-year increase of 11.2%. Wood and timber products: US$6.54 billion Wood and timber products top the list with an export value of US$6.54 billion, an increase of 12.7% against last year. The US, China and Japan are the three largest importers of Vietnamese wood. Shrimp: US$4 billion Shrimp…... [read more]
HA NOI — Export value of the farming, forestry and fisheries sectors saw a year-on-year increase of 14 per cent to around US$13.6 billion in the first half of this year, said the Ministry of Agriculture and Rural Development. The export value was estimated to rise by 9.6 per cent to $7.7 billion from major farming products, 10.6 per cent to $2.9 billion for fisheries and 22.7 per cent to $2.3 billion, the ministry said. However, agriculture minister Cao Duc Phat said the world market has remained difficult and a reduction of farm product prices on the world market since…... [read more]