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Updated: Nov 24, 2008 - 9:01:48 AM (GMT+7:00)
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Export turnover gains US$43.3b in first eight months
27/Aug/2008 Intellasia | Tuoi Tre
Aug 27, 2008 - 7:00:00 AM
The country's export turnover in the first eight months of 2008 brought in over US$43.3 billion (US$6.1 billion of August alone), increasing by 39% yoy, reported General Statistical Office.
Nine export items with the targeted export turnover of surpassing US$1 billion in 2008 to date have reached the year's target in January-August already, led by crude oil, apparel (with the export value of more than US$6 billion).
Additionally, the export of footwear earned US$3.16 billion, electronics and computers at US$1.66 billion, wooden products bringing in US$1.8 billion and rubber at more than US$1.04 billion.
Notably, rice export attained US$2.24 billion, jumping 96% yoy, coffee export up 9% to US$1.54 billion. Especially, the seafood export turnover was estimated at nearly US$2.9 billion, up 20.8% against 2007 and marking the highest growth during the past three-years.
In the period, Vietnam spent US$59.3 billion on importing commodities, rising by 54% yoy. In which, the import spending of US$40 billion was made by domestic businesses and US$19.2 billion made by FIEs.
Therefore, the trade deficit in Jan-August was US$16 billion, making up about 37% of total export turnover.
 

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