Export Sales Up Slightly in Early 2007

Viet Nam’s export revenue in the first two months of 2007 reached US$6.75 billion, a year-on-year increase of 23.5 percent, the Ministry of Trade has announced.

Textile-garment export exceeds the target of US$1 billion in the first two months of 2007

However, the figure is well short of the ministry’s US$4 billion per month target.
February’s export sales amounted to only US$3 billion, or US$300 million less than January’s.
The worst performers growth-wise were rice, crude oil, bicycles and spare parts.
On a brighter note, textile-garment export exceeded the target of US$1 billion and coffee saw record growth.
Thanks to a sharp increase in world coffee prices in early 2007, Viet Nam earned US$565 million from exporting 394,000 tons of coffee in January and February, a year-on-year improvement of 232 percent in revenue from a 149 percent increase in quantity.

By Viet Lan – Translated by Yen Chuong

Other news