A recently released report from the Ministry of Industry and Trade (MOIT) shows that exports turnover of the country has touched almost US $28.6 billion in the first half 2008, representing a year–on–year growth of 27 percent. Of the total sum, FDI sector accounted for $11 billion.
During this period, the country exported mainly crude oil, textile and garment, footwear, among others.
In turn, the imports turnover, during this period reached $45.5 billion, posting a yearly rise of 64 percent, in which FDI enterprises accounted for 43.5 percent, totaling to $14 billion.
The trade deficit of the country reached $16.9 billion. This is a matter of concern for industry experts.
Fibre2fashion News Desk - Vietnam
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