Export turnover to top 240 billion USD this year
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Export turnover to top 240 billion USD this year

Economy, Vietnam, Vietnam Finance News

Monday, October 22, 2018 – 7:14:00 Print

Vietnam’s export turnover this year could reach nearly 240 billion USD, increasing 11.2 percent from last year. 

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According to the Ministry of Industry and Trade, Vietnam’s exports had surpassed its set targets so far this year.

By the end of September, 26 products had achieved export turnover of more than 1 billion USD. Of these, eight items had export turnover of over 5 billion USD and another five posted 10 billion USD export turnover in the first nine months of the year.

For example, exports of mobile phones and spare parts reached nearly 36.2 billion USD, garments and textiles 22.6 billion USD and computer and electronic spare parts 21.7 billion USD.

Notably, exports of domestic companies continued to see a high growth rate. In the January-September period, the local firms earned 51 billion USD from exports, posting a 17 percent year-on-year rise.-VNA


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