HCM City’s exports in the first 10 months rose 5.5 per cent year on-year to US$36.7 billion, according to a report by its Department of Industry and Trade.
HCM City is likely to achieve exports of US$35.2 billion this year, a 15.1 per cent increase from last year, and imports of $43.1 billion, a 13.2 per cent rise.
The Handicraft and Wood Industry Association of HCM City (HAWA) has projected exports of wooden products to reach US$7.2 billion this year, up from $6.9 billion last year.
The municipal Department of Industry and Trade says HCM City targets export revenues of US$34 billion this year, a year-on-year increase of 13.5 per cent.