Business

Five groups of commodities reach export turnover of over $1 billion

SGGP
Five groups of commodities reaching the export turnover of over $1 billion in the first month of 2018, accounting for 56 percent of the country’s total export turnover, reported the General Department of Vietnam Customs last week.

 Footwear is one of commodities reaching the export turnover of over $1 billion in the first month of 2018 (Photo: SGGP)

Footwear is one of commodities reaching the export turnover of over $1 billion in the first month of 2018 (Photo: SGGP)

Of the five groups, phone and parts reached $3.9 billion, a year on year increase of 69 percent. Garment and textile product turnover neared $2.5 billion, up 16 percent; computers, electronic items and components hit $2.37 billion, raising 48 percent.
Footwear products touched $1.42 billion, up 21.5 percent. Machines, equipment and components reached $1.22 billion surging 37.7 percent.
Total export import turnover strongly increased to reach $40 billion, soaring 46 percent over the same period last year. Of these, foreign direct investment companies posted the highest value with $25.8 billion, up 46 percent.

By KIM HUYEN – Translated by Hai Mien

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