Five groups of commodities reach export turnover of over $1 billion

SGGP
Five groups of commodities reaching the export turnover of over $1 billion in the first month of 2018, accounting for 56 percent of the country’s total export turnover, reported the General Department of Vietnam Customs last week.

 Footwear is one of commodities reaching the export turnover of over $1 billion in the first month of 2018 (Photo: SGGP)

Footwear is one of commodities reaching the export turnover of over $1 billion in the first month of 2018 (Photo: SGGP)

Of the five groups, phone and parts reached $3.9 billion, a year on year increase of 69 percent. Garment and textile product turnover neared $2.5 billion, up 16 percent; computers, electronic items and components hit $2.37 billion, raising 48 percent.
Footwear products touched $1.42 billion, up 21.5 percent. Machines, equipment and components reached $1.22 billion surging 37.7 percent.
Total export import turnover strongly increased to reach $40 billion, soaring 46 percent over the same period last year. Of these, foreign direct investment companies posted the highest value with $25.8 billion, up 46 percent.

By KIM HUYEN – Translated by Hai Mien

Other news

Most view

Gov't decides not to cancel Jin Air's license

Gov't decides not to cancel Jin Air's license

 South Korea's government said Friday that it has decided not to revoke Jin Air's license, ending weeks of business uncertainty for the low-cost affiliate of Korean Air Lines Co. over its illegal appointment of a foreign national to its board of directors.

Banking-finance

VNPT & SeABank cooperate to enhance connections

The Vietnam Posts and Telecommunications Group (VNPT) and SeABank just co-signed cooperation agreement, aiming to develop the two sides’ economic, business and investment potential.


Economy

Self - introduction

VNPT targets to be leading digital service provider in Vietnam

The grand opening ceremony of the VNPT-Information Technology Company (VNPT-IT), a new member of the Vietnam Posts and Telecommunications Group (VNPT), was held yesterday in Hanoi. With thousands of IT engineers and the focus on developing state-of-the-art technological products related to Artificial Intelligence (AI), Bigdata, and Blockchain, the new company is considered the main force to help VNPT fulfill the goal of becoming a leading digital service provider in Vietnam and an important Digital Hub of the neighborhood as well as the world.

Stock market