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Five-month exports hit US$42.9 billion

Monday, 02 February 2015

The total export turnover for the past five months hit nearly US$42.9 billion, representing a year-on-year increase of 24.1 percent, according to the Ministry of Industry and Trade (MoIT).

 

    In May alone, export value reached US$9.1 billion, up 1.5 percent compared to the previous month and 25.8 percent against the same period last year, with foreign-invested businesses contributing US$4.78 billion (excluding crude oil).

 

    The MoIT said that the average export prices have also risen, including pepper (up 24 percent), crude oil (10.3 percent), petrol (12.4 percent) and minerals (230. 2 percent). However, cashew nut, coffee and tea prices fell during the period.

    Vietnam’s key markets in May were Japan (up 41.6 percent), the US (up 19.8 percent), EU (21.6 percent), ASEAN (19.5 percent) and China (33.3 percent).

T.N (Source: vovonline