Export turnover in 2 months of 2014 increases sharply
In spite of the fact that the FDI area has the larger scope than that in domestic economic area with the value of USD 13.9 billion as against USD 7.2 billion, the speed of export turnover increase of the domestic economic area is higher than that in the FDI area with an increase of 13.2% as against 11.8%.
This is the positive result, reflecting the efforts of the domestic economic area and this is also the novelty in export in the past two months.
Worthy of note is that in the two months, there are 9 items of goods having a value of USD 500 million and 5 others obtaining a value of USD 1 billion and more (telephone and accessories with a value of USD 3.298 billion, a year-on-year 22.9% increase; textile and garments, USD 3.205 billion, a 30.1% increase; foot wear, USD 1.61 billion, a 27.4% increase; electronic, computers and accessories, USD 1.399 billion; fisheries, USD 1.054 billion, a year-on-year 38.9% increase). Especially, in two months, Vietnam has trade surplus value of USD 244 million. This is a positive signal, making an active contribution to improving the total balance of payment, increasing foreign exchange and stabilizing the exchange rate.
From the above-said signals, it is possible to forecast that 2014 could be the third year to have an increase of export turnover. However, there are still some limitations in the export and import areas, in which trade deficit remains high, particularly from the markets of China, South Korea, Taiwan, Thailand and Singapore./.
