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Vietnam makes a strong start of the year

Vietnam made export turnovers of roughly 36.7 billion U.S. dollars in the first two months of this year, up 5.9 percent year-on-year, and import turnovers of nearly 36.8 billion dollars, up 7.5 percent, seeing a trade deficit of 80 million dollars, General Statistics Office said Thursday, Feb. 28.

Specifically, Vietnam earned 6.8 billion dollars from exporting phones and their components, down 7.3 percent; 4.9 billion dollars from garment and textile products, up 19 percent; 4.2 billion dollars from electronic products and components, up 1.9 percent; and 2.7 billion from footwear, up 18.4 percent.

In the two-month period, the United States remained Vietnam’s biggest export market with turnovers of 8.1 billion U.S. dollars, up 34.4 percent, tailed by the European Union with 6.3 billion U.S. dollars, up 1.2 percent, and China with 5.1 billion U.S. dollars, down 9.3 percent, announced the office.

Read more on Xinhua.

 

Source: Xinhua

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