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) – 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.

Some commodities with good export growth include mobile phones and parts (177 million USD, doubling the figure in the same period of 2020), footwear (176 million USD, up 47.7 percent), timber and wood products (313 million USD, up 22.3 percent), and machinery and spare parts (885 million USD, up 16.8 percent).

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

During the first six months, the city’s gross regional domestic product (GRDP) grew 5.91 percent from a year earlier, the office noted, adding that the agro-forestry-fishery sector rose 3.09 percent, industry and construction 7.74 percent, and services 5.74 percent.

The GRDP rose 5.17 percent in Q1 and 6.61 percent in Q2.

Office Director Dau Ngoc Hung said the six-month economic growth is faster than the 2.92-percent pace recorded in H1 of 2020 but still slower than that in the same period of previous years.

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

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

Meanwhile, Hanoi attracted 694.3 million USD of foreign direct investment in H1, including 96.1 million USD poured into 171 new projects, 477.7 million USD added to 78 existing projects, and 120.5 million USD spent on contributing capital or buying shares of local enterprises.

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

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