HCM City leads nation in exports last year: report

Ho Chi Minh City led the nation in exports last year as unveiled by the Ministry of Industry and Trade (MoIT) in its annual report on imports and exports, released in Hanoi on April 27.

Thursday, April 27, 2023 18:48

HCM City leads nation in exports last year: report ảnh 1

At the ceremony to announce the report (Photo: VNA)

Hanoi (VNA) – Ho Chi Minh City led the nation in exports last year as unveiled by the Ministry of Industry and Trade (MoIT) in its annual report on imports and exports, released in Hanoi on April 27.

This is the seventh year in a row the ministry hascompiled the report, which gave an insight into each group of commodities, markets,the utilisation of opportunities generated by free trade agreements, andexport-import management, said Phan Van Chinh, Director of the MoIT’s Agency ofForeign Trade.

According to the report, apart from the southerneconomic hub, which posted export revenue of 47.54 billion USD, the top 10 localitiesin this regard included Bac Ninh, Binh Duong, Thai Nguyen, Hai Phong, Dong Nai,Bac Giang, Hanoi, Phu Tho and Hai Duong.

Nguyen Cam Trang, Deputy Director of the Agency of ForeignTrade, said Vietnam’s export-import results are remarkable given the impacts of materialprice surges and supply chain disruptions, among other hurdles.

The value reached 730 billion USD last year, of which exportwas 371.3 billion USD, representing a double-digit rise as compared with 2021,the official said, noting the country also recorded growth in allcommodity groups in 2022 - the 7th consecutive year that the trade surplus exceeded10 billion USD.

Regarding the report, Trang said it has received awarm response from stakeholders, including associations, State managementagencies, and businesses.

Notably, the 2022 report provides information about the nationalimport-export strategy for 2023, along with updates on the joining of the Comprehensiveand Progressive Agreement for Trans-Pacific (CPTPP) by a number of economiesand the ratification of the deal, and new points in the implementation of tradepromotion activities./.

VNA

#Ho Chi Minh City #export #Ministry of Industry and Trade #Agency of Foreign Trade #State management agencies #Vietnam #VietnamPlus #Vietnam news

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