The General Statistics Office (GSO) said Vietnam was estimated to earn US$6.4 billion from exports in November 2010, up 2.8 percent from a month earlier. This is the second largest monthly export earnings this year, only after August with US$6.86 billion.
In particular, the domestic economic sector raked in US$2.72 billion in the month, up 121.6 percent year on year, and the foreign-invested sector fetched US$3.73 billion, up 127 percent.
Shipments increased in many exports. The country increased coffee export volume from 57,000 tonnes in October to 80,000 tonnes in November, raising the earnings from US$97 million to US$ 143 million, respectively. Crude oil shipments also increased from 525,000 tonnes in October to 768,000 tonnes in November, worth US$342 million and US$480 million, respectively.
Coal exportation continued to jump in November, with 1.2 million tonnes worth US$94 million, a rise of 433,000 tonnes from October. Coalminers continued boosting up their output to complete export plans set for the year. Rubber export also tended to rise. Only in November, Vietnam earned US$316 million from rubber exports, up 192 percent year on year, bringing the export value to US$1.985 billion in the first 11 months.
Slight rises were also seen in wooden products, footwear, machine parts and oil. Largest markets of Vietnam remain the US, the EU and other developed countries.
However, exports of several key commodities slumped like rice, steel, gemstone, machine parts and electronic products. Rice shipments dropped from 506,000 tonnes to 400,000 tonnes; steel exports declined from 84,000 tonnes to 80,000 tonnes.
Currently, companies are pushing exports to complete their full-year plans.
Thu Ha
Vietnamese
