Ministry optimistic with export turnover of first six months

According to the Ministry of Industry and Trade, the country’s export turnover reached US$53 billion in the first six months of the year, showing a year-on-year increase of 22.2 percent and a 48.5 percent increase in this year’s target.

Export turnover hit US$8.85 billion per month in the first six months, up by $1.6 billion over last year.

Among the commodities, export of agricultural products declined by US$900 million and the growth rate of textile and garments touched 8.7 percent.

This year’s export turnover can reach US$109.5 billion in the last six months, the ministry said.

According to a survey on the Business Confidence Index (BCI) by the Vietnam World Vest Base Financial Intelligence Services Company Limited (WVB FISL), 71.43 percent of the surveyed enterprises said Vietnam’s economy will fare better in the next 12 months; only 3.09 percent of businesses seemed anxious for the economy in 2012.

By staff writers – Translated by Kim Khanh

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