The export turnover of machinery, equipment and vehicle spare parts reached 529 million USD in January, up 15.61 percent against the same period last year, according to the General Department of Vietnam Customs.

The exports to Japan, the United States and Hong Kong made up 45.7 percent of the total turnover with 111.99 million USD from Japan, 98.77 million USD from the US, and 31.21 million USD from Hong Kong. 

Those to mainland China increased ten times compared to last year’s period with 31.10 million USD, accounting for 5.8 percent of the export value in the first month of this year. 

Other markets seeing strong growth rate included the Republic of Korea with 33.21 percent, the Netherlands 96.77 percent, German 53.26 percent, and Malaysia 97.07 percent. 

Machinery, equipment and vehicle spare parts are among Vietnam’s major exports.-VNA