The first locality reaches $10 billion of export turnover

VCN - Among provinces and cities reaching a "billion USD" export turnover, Ho Chi Minh City is the first locality to hit $10 billion in the first quarter of the year.
the first locality reaches 10 billion of export turnover
Sketched by: T.Bình

According to the General Department of Vietnam Customs, in the first quarter, 11 provinces and cities reached export turnover of US$1 billion or more including: Bac Giang, Bac Ninh, Binh Duong, Dong Nai, Hanoi, Hai Duong, Hai Phong, Long An, Tay Ninh, Ho Chi Minh City and Thai Nguyen.

Compared to the same period in 2019, the number of provinces and cities that hit turnover of "billion USD" increased by one which was Tay Ninh with nearly $1.094 billion, up 9.8%, equivalent to an increase of nearly $100 million.

Meanwhile, Ho Chi Minh City retained the leading position on exports of the country with value of $10.5 billion, up 14.6% over the same period last year.

This locality accounted for 16.6% of total export turnover in the first quarter.

Notably, while most localities recorded higher export turnover over the same period, Hanoi and Thai Nguyen declined.

Specifically, Thai Nguyen plummeted to more than $400 million from $7.362 billion in the first quarter of last year to $6.951 billion.

Meanwhile, Hanoi dropped from $3.354 billion in the first quarter of last year to $3.15 billion, more than $200 million.

Among the remaining provinces and cities, Hai Phong and Bac Ninh had impressive increases.

By the end of the first quarter, Hai Phong achieved export turnover of $3.922 billion, an increase of nearly $1.05 billion over the same period in 2019, making it the locality with achieving the second-highest increase in turnover after Ho Chi Minh City (Ho Chi Minh City increased by more than $1.33 billion).

Regarding to Bac Ninh, in the first quarter, this locality reached the second-largest turnover of the country with $8.06 billion, up more than $450 million USD compared to the same period of 2019.

With total turnover of nearly $49.35 billion, 11 key localities accounted for 78% of the country's total export turnover in the first quarter.

By Thái Bình/Thanh Thuy

Related News

Vietnam

Vietnam's exports to Canada lead among CPTPP countries

VCN - Ms. Tran Thu Quynh, Commercial Counselor, Vietnam Trade Office in Canada shared with Customs Magazine about the picture of Vietnamese goods in Canada with a lot of potential that can be further exploited, and recommendations for businesses, along with activities deployed by the Trade Department to support businesses to conquer this attractive "billion dollar" market.
Efforts to supply US $ one billion of raw materials and cosmetics to replace imported goods

Efforts to supply US $ one billion of raw materials and cosmetics to replace imported goods

VCN - Dr. Nguyen Van Minh, Vice President of the Vietnam Aromatherapy - Essential Oils - Cosmetics Association (VOCA) shared with Customs Magazine the limitations in exploiting precious raw materials used for Vietnam's cosmetic production and the activities being implemented to develop this potential economic sector.
Five key northern local customs departments signed an emulation agreement

Five key northern local customs departments signed an emulation agreement

VCN - Five local customs departments belonging to Emulation Cluster No. 3 of the General Department of Vietnam Customs (including Hai Phong Customs Department, Hanoi Customs Department, Quang Ninh Customs Department, Bac Ninh Customs Department and Ha Nam Ninh Customs Department) signed an emulation agreement, striving to complete assigned tasks.
The General Department of Vietnam Customs strives to promote import and export growth

The General Department of Vietnam Customs strives to promote import and export growth

VCN - On April 15, the General Department of Vietnam Customs held an online briefing conference to evaluate the results of the first quarter of work and deploy the work program for the second quarter of 2024. According to the authorization of the Director General, Deputy Director General Nguyen Van Tho chaired the conference.

Latest News

Enhance the core values of the national brand

Enhance the core values of the national brand

VCN - Vietnam is always considered one of the most dynamic and open economies in the world, the 4th largest economy in ASEAN and the 40th largest in the world. However, in the context of a highly competitive economy, the issue of branding is still a weakness of Vietnamese businesses.
Solutions for maintaining Vietnam

Solutions for maintaining Vietnam's position as a bright spot for foreign direct investment

VCN - Attracting FDI capital has been one of the bright spots contributing to the positive economic outcomes of Q1/2024, setting a favorable stage for the year 2024. This outcome has reaffirmed investors' confidence in Vietnam's investment environment and continues to drive decisions for new investments and the expansion of existing projects in Vietnam.
FDI disbursement in January-April period reaches five-year record

FDI disbursement in January-April period reaches five-year record

The total foreign direct investment (FDI) disbursed in Vietnam in the first four months of this year is estimated to reach 6.28 billion USD, up 7.4% year on year, the highest four-month amount in the past five years, reported the General Statistics Office (GSO).
Binh Duong aims to become logistics hub in southern region

Binh Duong aims to become logistics hub in southern region

With its existing infrastructure and industrial parks, Binh Duong has strong potential to become a logistics hub of the region.

More News

Digital transformation – optimal choice for Vietnamese garment & textile firms

Digital transformation – optimal choice for Vietnamese garment & textile firms

Digital transformation is considered a “key” to help Vietnamese garment and textile enterprises expand while meeting sustainable development, heard a recent conference held in Ho Cho Minh City.
Infrastructure development creates momentum for exports to "neighboring" markets

Infrastructure development creates momentum for exports to "neighboring" markets

VCN - Promoting trade in goods and services across the land border has helped Vietnam have a goods exchange scale of tens of billions of dollars. However, the results are still not commensurate with the potential.
Seaports increase services to attract goods

Seaports increase services to attract goods

VCN - In the first months of 2024, import and export goods through many seaports have changed positively, port operators have applied many solutions to meet business requirements.
The supporting industrial enterprises transform for sustainable development

The supporting industrial enterprises transform for sustainable development

VCN - In supporting industry manufacturing enterprises (Support Industry), gradually "greening" production, green factories, clean raw materials, green energy... has become an inevitable trend, helping to meet the needs of customers. requirements to increase opportunities to enter the global value chain.
Foreign investment disbursement hits record high in the first four months

Foreign investment disbursement hits record high in the first four months

According to the report, foreign investment inflows into Việt Nam in the reviewed period also saw a modest increase of 4.5 per cent to nearly $9.27 billion.
Vietnam textile and garment strives to increase the localization rate

Vietnam textile and garment strives to increase the localization rate

VCN - Increasing textile and garment export turnover and effectively take advantage of incentives from Free Trade Agreements (FTAs), the Vietnam Textile and Apparel Association (Vitas) determined that, in addition to greening, investment in development science, technology and human resources, an important solution is to attract investment in the industry's supply shortage, specifically high-tech weaving, dyeing and finishing projects in industrial parks.
Central Highlands needs to develop border gate economic zones for higher export

Central Highlands needs to develop border gate economic zones for higher export

According to the Trade Promotion Agency, the Central Highlands region, embracing five provinces of Kon Tum, Gia Lai, Đắk Lắk, Đắk Nông and Lâm Đồng, is an important strategic area in the Laos - Việt Nam - Cambodia development triangle area.
RoK burgeoning market for Vietnam’s agro-forestry-fisheries exports

RoK burgeoning market for Vietnam’s agro-forestry-fisheries exports

Vietnam’s agro-forestry-fishery exports to the Republic of Korea (RoK) have surged thanks to the bilateral Free Trade Agreement (VKFTA), topping 2 billion USD annually during 2016 - 2023, and the Northeast Asian country is forecast to remain an attractive market in the coming time.
Developing a strong brand contributes to increased export revenue

Developing a strong brand contributes to increased export revenue

VCN – Mr. Hoang Minh Chien, Deputy Director of the Trade Promotion Agency (Ministry of Industry and Trade), shares insights on elevating core values in brand development.
Read More

Your care

Latest Most read
Enhance the core values of the national brand

Enhance the core values of the national brand

Vietnam is always considered one of the most dynamic and open economies in the world, the 4th largest economy in ASEAN and the 40th largest in the world.
Solutions for maintaining Vietnam

Solutions for maintaining Vietnam's position as a bright spot for foreign direct investment

VCN - Attracting FDI capital has been one of the bright spots contributing to the positive economic outcomes of Q1/2024, setting a favorable stage for the year 2024. This outcome has reaffirmed investors' confidence in Vietnam's investment environment and
FDI disbursement in January-April period reaches five-year record

FDI disbursement in January-April period reaches five-year record

The total foreign direct investment (FDI) disbursed in Vietnam in the first four months of this year is estimated to reach 6.28 billion USD, up 7.4% year on year, the highest four-month amount in the past five years, reported the General Statistics Office (GSO).
Binh Duong aims to become logistics hub in southern region

Binh Duong aims to become logistics hub in southern region

With its existing infrastructure and industrial parks, Binh Duong has strong potential to become a logistics hub of the region.
Digital transformation – optimal choice for Vietnamese garment & textile firms

Digital transformation – optimal choice for Vietnamese garment & textile firms

Digital transformation is considered a “key” to help Vietnamese garment and textile enterprises expand while meeting sustainable development, heard a recent conference held in Ho Cho Minh City.
Mobile Version