Exports record year-on-year increase of 14.9%

08:34 | 01/07/2014

VGP – The total export turnover in the first half of 2014 reached US$70.9 billion, increased 14.9% from the same period in 2013.

Illustration photo

The sum gathered the monthly average figure of US$11.8 billion, US$1.5 billion higher than the same period in 2013.

Thirteen items have joined the US$1 billion export club. It is expected that 22 items will be listed in the club this year, one more from 2013. It is the first time phones and garments have exceeded the turnover of US$20 billion.

Over the past five months, Thai Nguyen province attained more than US$1 billion in exports. This year, 20 provinces and cities nationwide are expected to record a turnover of over US$1 billion.

Viet Nam’s total export turnover is estimated to reach US$ 150 billion this year.

The nation enjoyed a trade imbalance of US$1.3 billion over the past six months.

By Thuy Dung