Exports hit US$112.19 billion in eight months

The country’s exports in August are estimated at US$15.2 billion, up 2% against the previous month, according to the General Statistics Office of Vietnam (GSO).
tin nhap 20160831181714 Coffee exports hit US$2.25 billion
tin nhap 20160831181714 Vietnam’s rice exports fall during January-August
tin nhap 20160831181714 Exports down, revenue shrinks
tin nhap 20160831181714
Exports hit US$112.19 billion in eight months.

Of the figure, the domestic investment sector got US$4.54 billion, up 2.8% while the foreign direct investment (FDI) sector earned US$10.66 billion, up 1.6%.

Thus, the country’s total export value during the first eight months of this year rose 5.5% to US$112.19 billion, US$32.62 billion of which came from the domestic sector (up 4%) and US$79.57 billion was from the FDI (up 6.1%).

Key export products with high growth included telephones and components (up 10.6% to US$22.3 billion), garment (up 4.2% to US$15.5 billion), electronics, computers and components (up 11.2% to US$11.1 billion) and footwear (up 8.1% to US$8.6 billion).

tin nhap 20160831181714 Rice exports to EU: making the most of zero tariff

Vietnam rice exports will enjoy a zero percent tariff to the European Union from 2018.

In the period, the US remained the biggest importer of Vietnam products with a value of US$24.6 billion (up 13% against the same period last year).

Source: VOV

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