Vietnam’s export turnover rises again
The General Statistics Office announced that the country earned an export turnover of more than $78 billion in the January - October period, a year-on-year rise of 34.6 per cent.
Garments and textiles took the lead among export staples with around $11.7 billion in the past 10 months, a year-on-year rise of 29.4 per cent; followed by footwear with more than $5.1 billion, up 25.8 per cent; and seafood with more than $4.92 billion, up 22.8 per cent.
Wooden furniture, machinery and equipment, electronics and computers also made important contributions to the country’s 10-month export revenues.
The US remained the top importer of Vietnam ’s garments and textiles, followed by the European Union (EU) and Japan.
The nation’s 10-month trade deficit fell to $8.39 billion, a year-on-year reduction of 10.8 per cent.
At the second session of the 13th NA, the government estimated that the country’s export revenues will reach $95 billion this year, a year-on-year rise of 31.6 per cent, while its trade deficit will make up 10.5 per cent of the total export turnover, equivalent to $10 billion.
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