Industrial production ups in first two months
Nearly 90 percent of imports Vietnam made in the first two months of
this year served production, such as fuels, raw materials and machines,
showing signs of recovery of the national economy.
Nearly 90 percent of imports Vietnam made in the first two months of
this year served production, such as fuels, raw materials and machines,
showing signs of recovery of the national economy.
The country spent an estimated 20.82 billion USD on imports in the January-February period, presenting an increase of 17 percent year-on-year, Deputy Minister of Trade and Industry Le Duong Quang reported at the ministry’s meeting on March 3.
Meanwhile, export is estimated at 21.06 billion USD, up 12.3 percent from the same period last year.
According to the ministry’s report, the industrial production index recorded a year-on-year rise of 5.4 percent in the reviewed period, with the mining, manufacturing and processing industries posting growths.
At the meeting, Secretary General of the Vietnam Textile and Apparel Association Dang Phuong Dung expressed her concern over an official dispatch of the Finance Ministry, which will come into effect on April 1.
The document, which requests exporters to gather their products at fixed areas before their customs declarations are processed, will make them miss their delivery deadlines and cost them more, she added.-VNA
The country spent an estimated 20.82 billion USD on imports in the January-February period, presenting an increase of 17 percent year-on-year, Deputy Minister of Trade and Industry Le Duong Quang reported at the ministry’s meeting on March 3.
Meanwhile, export is estimated at 21.06 billion USD, up 12.3 percent from the same period last year.
According to the ministry’s report, the industrial production index recorded a year-on-year rise of 5.4 percent in the reviewed period, with the mining, manufacturing and processing industries posting growths.
At the meeting, Secretary General of the Vietnam Textile and Apparel Association Dang Phuong Dung expressed her concern over an official dispatch of the Finance Ministry, which will come into effect on April 1.
The document, which requests exporters to gather their products at fixed areas before their customs declarations are processed, will make them miss their delivery deadlines and cost them more, she added.-VNA
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