Vietnamese “billion-US dollar” exports items brought home only 19 billion USD in January, a year-on-year fall of 14.3 percent, according to the latest data from the General Statistics Office of Vietnam.
Vietnam’s export revenue slid 0.8 percent year on year to 22.4 billion USD in October as shipments of telephones and spare parts fell substantially, according to the Ministry of Industry and Trade.
Vietnamese exporters are eyeing Canada as ripe for profits thanks to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), experts said at a conference held in Ho Chi Minh City on April 10.
The Mekong Delta province of Vinh Long plans to develop nine industrial clusters with a total area of 492.5 ha from now to 2020, and another five industrial clusters with a combined area of 165.49 ha during the 2020-2030.
Hanoi’s consumer price index (CPI) for January rose 0.86 percent over December 2017 and 2.06 percent compared to the same month last year, according to the Hanoi Statistics Office.
Vietnam’s garment and textiles export in the first half of the year grew 11.3 percent year-on-year to 14.58 billion USD. However, experts said the growth has not been sustainable yet.
Products including telephones and spare parts, garment and textiles, electronics and computers are expected to bring highest export turnover to the country in 2017, said the Ministry of Industry and Trade.