Ha Noi’s export turnover up in five months despite COVID-19


In May alone, the city's export turnover hit an estimated $1.252 billion, down 0.2 per cent month-on-month and up 2.5 per cent year-on-year

An egg packaging line at Ba Huan Co in Ha Noi. — VNA/VNS Photo Vu Sinh

The capital city exported US$5.89 billion worth of goods in the first five months of this year, up 8.1 per cent annually, reported the municipal People’s Committee.

Almost all sectors recorded increases in export earnings, including mobile phones and spare parts at $147.2 million (2.1 times higher than that of the same period last year), footwear with $136.2 million (up 39.8 per cent), glass and its products with $167.5 million (up 29.8 per cent), machinery and equipment with $791.5 million (up 24.8 per cent), wood and wooden furniture with $273.9 million (up 24.6 per cent).

Only farm produce and petrol earned less with respective revenue of $315.2 million, down 7.1 per cent, and $231.5 million, down 38.2 per cent.

In May alone, the city's export turnover hit an estimated $1.252 billion, down 0.2 per cent month-on-month and up 2.5 per cent year-on-year.

Of which, $683 million was from domestic firms, down 0.1 per cent monthly and 14.5 per cent yearly. The remaining was from foreign-invested enterprises, representing a monthly decrease of 0.3 per cent and an annual increase of 34.5 per cent.— VNS

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