Hanoi 's January exports increased 37.6 percent against the same period last year to 744 million USD thanks to the ongoing recovery of the global economy, estimated the Hanoi Statistics Office.

They attributed the rise to the surging demand in the country's largest import markets—the US , Japan , and the EU.

The office reported that many key export staples saw high growth rates this month. Electronics topped the list with a 72.6 percent rise. Garment and textile, and computer components and peripheral devices followed with 54.5 percent and 42.2 percent, respectively.

The capital's export turnover last year reached nearly 8 billion USD, a year-on-year increase of 26.3 percent as the city penetrated major export markets, such as the EU, the US , Japan , China and the ASEAN region, along with new potential markets of Africa, the Middle East and South Asia .

Municipal authorities said besides speeding up the administrative procedures reforms related to export and import activities, they will also create favourable conditions for the city's exporters and producers to get access to credit this year in a move to boost the city's exports.

Director of the Department of Industry and Trade's Industrial Division Trinh Thi Ngan said the city had also planned to develop its key industrial items, which accounted for 10 percent of the city's export turnover last year. /.