Five-month exports hit $42.9 billion
Five-month exports hit $42.9 billion
The total export turnover for the past five months hit nearly $42.9 billion, representing a year-on-year increase of 24.1 per cent, according to the Ministry of Industry and Trade (MoIT).
In May alone, export value reached $9.1 billion, up 1.5 per cent compared to the previous month and 25.8 per cent against the same period last year, with foreign-invested businesses contributing $4.78 billion (excluding crude oil).
The MoIT said that the average export prices have also risen, including pepper (up 24 per cent), crude oil (10.3 per cent), petrol (12.4 per cent) and minerals (230. 2 per cent). However, cashew nut, coffee and tea prices fell during the period.
Vietnam’s key markets in May were Japan (up 41.6 per cent), the US (up 19.8 per cent), EU (21.6 per cent), ASEAN (19.5 per cent) and China (33.3 per cent).
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