Statistics of the Ministry of Industry and Trade show that exports of the foreign-invested sector (FDI) including crude oil in the first two months of the year only earned about $37.924 billion, down 6.6% over the same period last year.
The Ministry of Industry and Trade strengthens trade promotion activities to support production and export. (Photo: Duc Duy/Vietnam+)
According to a representative of the Ministry of Industry and Trade, in the first two months of the year, export of goods was estimated at 49.49 billion USD, down 10.4% over the same period last year.
Notably, exports of the FDI sector, including crude oil, earned about $37.924 billion, down 6.6% over the same period last year.
Statistics show that the export of processed industrial products (the group with a high proportion of FDI enterprises) was estimated to decrease by 9.8%, reaching 42.97 billion USD and accounting for 86.8% of the total export turnover.
Many items in this group decreased sharply over the same period, for example: Computers, electronic products and components were estimated at 6.87 billion USD, down 13.9%; machinery, equipment, tools and spare parts was estimated at 6.4 billion USD, down 1.6%; wood and wood products down 34.8%...
Deputy Minister of Industry and Trade Do Thang Hai said that in the context of many challenges in the domestic and international situation, trade promotion is identified as one of the important and effective solutions, contributing to improving the country's economy. The three growth drivers are investment, export and consumption through supporting enterprises to develop production, develop the domestic market and boost exports.
Accordingly, the overseas Vietnamese Trade Office system provides market information, policy advice, regulations and market needs to Vietnamese importers and exporters, creating a channel for information exchange. Fast, quality and efficient information.
Source: https://www.vietnamplus.vn/nhieu-mat-hang-nhom-ty-usd-di-xuong-xuat-khau-khoi-fdi-giam-66/849694.vnp
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