Business

Hanoi posts export growth of 4.5 percent in H1

Hanoi earned 7.16 billion USD from exports in the first half of 2021, up 4.5 percent year on year, the municipal Statistics Office estimated.
Hanoi posts export growth of 4.5 percent in H1 ảnh 1Hanoi exported 7.16 billion USD worth of goods between January and June (Photo: VNA)
Hanoi (VNA) – Hanoiearned 7.16 billion USD from exports in the first half of 2021, up 4.5 percentyear on year, the municipal Statistics Office estimated.

Some commodities with good exportgrowth include mobile phones and parts (177 million USD, doubling the figure inthe same period of 2020), footwear (176 million USD, up 47.7 percent), timberand wood products (313 million USD, up 22.3 percent), and machinery and spareparts (885 million USD, up 16.8 percent).

Overseas shipments in thesecond quarter stood at 3.78 billion USD, rising 11.7 percent from Q1 and 2percent from a year earlier.

During the first six months,the city’s gross regional domestic product (GRDP) grew 5.91 percent from a yearearlier, the office noted, adding that the agro-forestry-fishery sector rose3.09 percent, industry and construction 7.74 percent, and services 5.74 percent.

The GRDP rose 5.17 percent inQ1 and 6.61 percent in Q2.

Office Director Dau Ngoc Hungsaid the six-month economic growth is faster than the 2.92-percent pacerecorded in H1 of 2020 but still slower than that in the same period ofprevious years.

The COVID-19 pandemic hasnegatively impacted production and business activities, with tourism, hotels,restaurants, and entertainment services hit hardest, he noted.

However, the industrialsector has continued recovering. The index of industrial production went up 9.7percent year on year in Q2 and 8.7 percent during January - June, data show.

Meanwhile, Hanoi attracted694.3 million USD of foreign direct investment in H1, including 96.1 millionUSD poured into 171 new projects, 477.7 million USD added to 78 existingprojects, and 120.5 million USD spent on contributing capital or buying sharesof local enterprises.

The June consumer price index(CPI) inched up 0.2 percent from the previous month, 1.41 percent from lastDecember, and 1.98 percent year on year. The six-month index increased 1.14percent from the same period of 2020, the Statistics Office reported./.
VNA
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