Hanoi's exports growth reached 16 percent in the first seven months of the year, to a total of 4.2 billion USD.
The recovery of the world economy, increases in export prices and benefits from free trade area agreements between ASEAN and its partners were factors contributing to the positive results.
Goods experiencing strong growth included computer components, up 35.4 percent, electronics (up 32 percent), garments and textiles (up 22.6 percent) and coal (up 17.4 percent).
ASEAN countries have been Hanoi’s largest market, making up over 22 percent of the city’s export turnover, followed by the EU, 14.6 percent, China and Japan, about 14 percent each, and the US, 12.3 percent.
The city’s Industry and Trade Department plans to organise programmes and tours for enterprises to study markets in Japan, the Republic of Korea, India, Turkey, China and Germany.
The city also accelerated administrative reforms, especially procedures involving import-export activities, giving priority to imports of materials for production of for-export goods.
With this optimistic trend, the Industry and Trade Department expects the city’s export turnover to reach 6.8 billion USD by the end of the year, well ahead of the targeted figure of 6.68 billion USD./.
The recovery of the world economy, increases in export prices and benefits from free trade area agreements between ASEAN and its partners were factors contributing to the positive results.
Goods experiencing strong growth included computer components, up 35.4 percent, electronics (up 32 percent), garments and textiles (up 22.6 percent) and coal (up 17.4 percent).
ASEAN countries have been Hanoi’s largest market, making up over 22 percent of the city’s export turnover, followed by the EU, 14.6 percent, China and Japan, about 14 percent each, and the US, 12.3 percent.
The city’s Industry and Trade Department plans to organise programmes and tours for enterprises to study markets in Japan, the Republic of Korea, India, Turkey, China and Germany.
The city also accelerated administrative reforms, especially procedures involving import-export activities, giving priority to imports of materials for production of for-export goods.
With this optimistic trend, the Industry and Trade Department expects the city’s export turnover to reach 6.8 billion USD by the end of the year, well ahead of the targeted figure of 6.68 billion USD./.
