Despite COVID-19, Vietnamese Exports increase by more than $3 billion
Vietnam may surpass Thailand in rice exports | |
Vietnam needs to find new rice markets to replace China: experts | |
Long An province exports 50 tons of dragon fruit a day by sea |
| |
The movement of import – export activities in the first two months of 2020 (in billion USD) (Photo source: T.Bình) |
In the first two months of 2020, import-export activities were strongly affected by the Covid-19 epidemic. However, export activities achieved good growth.
In February, the country's export turnover exceeded $20.8 billion, bringing turnover in the first two months of the year up to more than $39 billion, up by 8.4 percent (equivalent to more than $3 billion) compared to the same period last year.
An important contribution to the growth of export turnover are phones and accessories; computers, electronic products and components; machinery, equipment and tools with a two-digit growth rate.
In particular, phones and components increased by more than $900 million (equivalent to 12.2 percent); computers, electronic products and components increased by more than $1.6 billion (equivalent to 27.4 percent); and machinery, equipment, tools and spare parts increased by more than $630 million (equivalent to 25.3 percent).
The three above groups contributed greatly to the turnover with an increase of $3 billion, equivalent to the additional increase in exports of the whole country in the first two months.
In the first two months of the year, the country imported goods with a turnover of nearly $37.3 billion, up by 2.9 percent over the same period in 2019.
Notably, imported finished unit cars (CBU cars) reached 14,523 units with turnover of $333.34 million, down by 43.3 percent in volume and 41.8 percent in turnover compared to the first two months of last year.
By the end of February, Vietnam experienced a trade surplus of nearly $2 billion.
The second field hospital is supposed to be built within 10 days in response to COVID-19 In response to the Covid-19 epidemic, Hanoi plans to build a second field hospital at the Driving licensing center, located in Thach Hoa commune, Thach ... |
Covid-19 patients in Vietnam receive Free Treatment In Vietnam, Covid-19 patients will be exempted from the full treatment fee. Negative case's testing costs are paid by Health Insurance. |