Export turnover surges 24% in January

Export turnover surges 24% in January

09/02/2018

VGP - The capital city of Ha Noi gained a year-on-year growth of 24% in export value to reach US$ 1.05 billion in January.

Illustration photo

The export value from the state-owned sector was US$ 139 million, up 9.8%; it was US$ 352 million from the private sector, up 16.6%; and US$ 556 million from foreign direct investment, up 33.6%.

In January, all key export items achieved strong growth in export value, including agricultural products (up 3.6% against the same period last year); computer, components and peripherals (up 68.1%); transport means and components (up 12.7%); machinery and components (up 21.8%); and glass and glass products (up 25%).

Ha Noi’s export value has increased sharply in recent years because businesses in the city have taken advantage of the recovery of major economies of the world, such as the United States, Japan, the European Union and China.

Meanwhile, municipal authorities have also come up with solutions to support enterprises in promoting exports, including programs connecting banks with enterprises, land and tax policies and policies encouraging enterprises to apply advanced technology for production, processing and consumption./.

By Kim Anh