VN gained export turnover of US$ 6.7 bil. in first two months of 2007
08:40 | 06/03/2007
VNGOVNet – According to the Ministry of Industry, in the first two months of 2007, primary industrial products for production, consumption and export gained a fairly high growth in comparison with the same period of 2006, namely: production electricity increased by 13.6%, clean coal 12.9%, steel and steel produce 18.5%, diesel engines 28.3%, machine-tools 23.3%, transformers 16%, and pesticides 31%. Export turnover in these two months was US$ 6.7 billion.

Illustration photo

In February 2007, many industrial products for export saw a high growth against the same period of last year, especially products of processing and manipulating industries, such as textiles and garments (US$ 420 million, going up 37.7%), footwear (US$ 280 million, 30.8%), fine arts and handicraft goods (US$ 55 million, 48.6%), wooden products (US$ 180 million, 57.9%), plastic produce (US$ 40 million, 53.8%), electric wires and cable (US$ 50 million, 22%), handbags, suitcases, headdress and umbrellas (US$ 40 million, 42.9%).

To fulfill 25% of the yearly plan in the first quarter of 2007, the Ministry of Industry revealed that in March, the whole sector will focus on monitoring market development, especially the products with low import tax rate (0-5%), to adjust the production plans and set up solutions for better quality, lower cost and higher competitiveness. It is also necessary to enhance trade and export promotion, especially with products of competitive advantages; proactively invest in key projects; and check investment plans to ensure their schedule and efficiency.

By Xuân Hồng
(Source: Report 06/BC-BCN)

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