Hanoi export revenue likely to surpass previous year's
26 Dec '07
1 min read
A recent report reveals that in December, Hanoi authorities expect that the export value of the region may touch US $413.6 million. These figures show that this year country's earnings are likely to exceed previous year's $4.35 billion with a 22 percent year-on-year growth.
To reach this height, state-owned corporations contributed revenues of around $2.25 billion, the foreign invested sector put in $1.69 billion and the private sector, nearly $413 million.
Among the entire three, foreign invested sector registered the highest growth rate of 28.2 percent, while the State sector, an 18.3 percent increase.
Agricultural products remained the highest foreign currency earner for the country, posting a year-on-year boost of 14.7 percent. Apparel sector recorded a rise rate of 14 percent, while footwear and leather items obtained 11.3 percent.
On the other hand, total imports for Hanoi in 2007, is anticipated to surpass $14.94 billion, rendering a year-on-year surge of 21 percent. The import value of equipment, machinery and materials was over $7.45 billion and consumer goods for $2.2 billion. The city spent $4.9 billion on petroleum this year.
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