Exports Top US$104 Billion in 11 Months
Vietnam’s export turnover is expected to exceed US$104 billion in the first 11 months of 2012, up 18.4 percent over the same period last year, according to the General Statistics Office and the Ministry of Planning and Investment.
In November alone, the country’s export turnover hit US$10.2 billion, down 1.2 percent from October.
The Foreign Direct Investment (FDI) sector registered an export turnover of more than US$6.7 billion, a slight increase over the previous month and making up 65.7 percent of the country’s total exports.
Two commodity groups joined the US$1 billion club; garments and textiles with an export turnover of over US$13 billion, and phones and spare parts with US$1.35 billion.
Vietnam’s import turnover reached US$10.25 billion in November, a month-on-month rise of 0.8 percent, raising the 11-month figure in excess of US$103 billion, up 6.8 percent over the same period last year.
VNA
Vietnamese
