Garments sector still tops nation’s exports

The garment and textile sector continues to lead other staples in export turnover, earning over 3 billion USD in the first four months of this year, up by 19 percent compared to the same period last year.
Agro-forestry products, seafood exports down Business

Agro-forestry products, seafood exports down

The country earned 3.49 billion USD from the export of agro-forestry products and seafood in the first three months of the year—a four percent year-on-year decrease--according to the Ministry of Agricultural and Rural Development.

The ministry said that despite the prices of those products increasing, export value was still low due to the world economic crisis.

Of the total export value, the value of farm produce was 1.9 billion USD, a year-on-year increase of 11 percent, while forestry products earned 706 million USD, a year-on-year increase of 15.3 percent, and seafood, 771 million USD, up three percent.

Garments, textiles earn largest export value

Earning 7.5 billion USD from exports in the first ten months of this year, garment and textiles surpassed crude oil, topping the list of Vietnam’s major export items for the first time.

According to the General Statistics Office, the country earned 5.4 billion USD in ten months from exports of crude oil, 2.1 billion USD less than from garments and textiles.

Trade with Saudi customers lifts

Trade between Vietnam and Saudi Arabia has achieved traction in the last few years, opening new opportunities for bilateral cooperation, Minister of Industry and Trade Vu Huy Hoang has said.