Exports in April gain US$5.7 billion

The country’s exports in April were estimated to reach US$5.7 billion, US$0.55 billion higher than the previous month, an increase of 33 percent compared to the same period last year, according to figures released by the Ministry of Industry and Trade.

Exports in the first four months in 2010 achieved over US$20 billion, rising 8.9 percent against the same period last year.

There were optimistic signs of its economic recovery and constant growth.

Some kinds of exports rose sharply, including iron and steel (increasing 195 percent), rubber (142 percent), transportation and spare parts (135 percent) and electric wire (123 percent).

The export turnover to almost every market showed an increase against the same period in 2009, to the US (rising 20 percent), Japan (30 percent) and China (50 percent).

However, from early this year until now, the state sector fared no better with export turnover in the first four months, reaching only US$8.9 billion, down 10.7 percent against last year. In contrast, the value of the foreign-owned sector’s exports amounted to US$9.46 billion, a jump of 44.2 percent.

Tags: Vietnam export turnover, Vietnam exports