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August 26, 2005

Vietnam's exports top $20.35bn

From Asia Times:

HANOI - Vietnam has grossed an export turnover of US$20.35 billion from exports in the past eight months, an increase of 18.7% as compared to the same period last year.

Foreign-invested enterprises have registered a year-on-year rise of 69.3%, and domestically-run enterprises, a 30.7% increase. With a total export turnover of over $4.58 billion, crude oil has taken the lead in export value. However, coal exports have registered the highest year-on-year growth rate of 91%, a result of the increased demand for coal in France, China and Japan recently and the high quality of Vietnamese coal.

The main agricultural and industrial products such as rice, groundnut, vegetables and fruits; plastic products, computers, and electronic appliances obtained remarkable growth rates ranging
from 33-55%. Wooden products maintained a stable growth rate with an export turnover of US$966 million, up by 47.3%.

LINK to rest of article

Posted by Becky at August 26, 2005 2:45 PM Posted to International