Hanoi’s export turnover was estimated to reach 5.28 billion USD in the third quarter of this year, up 10.3 percent year-on-year, according to the municipal Department of Industry and Trade.
Hanoi (VNA) – Hanoi’s export turnover was estimated to reach 5.28billion USD in the third quarter of this year, up 10.3 percent year-on-year,according to the municipal Department of Industry and Trade.
Domestic enterprises contributed over 3.7 billion USD to the amount, accountingfor 70.2 percent of the total and up 19.2 percent compared to the same periodlast year.
Meanwhile, the export value of foreign-invested businesses reached 1.57 billionUSD, down 6 percent year-on-year.
In the first nine months of 2020, the capital city’s export turnover hit over12.1 billion USD, up 0.9 percent compared the same period last year.
Commodities recording export growth included ceramic products, glass, wood andfootwear./.
Domestic and overseas businesses operating in Hanoi have recorded a total export revenue of 780.4 million USD in April this year, up 4.4 percent against last month and 10.4 percent compared with the same period last year.
The export of many agricultural products, especially industrial crops such as pepper, rubber, tea, and cashew nuts, fell remarkably from January to July due to the COVID-19 pandemic.
Vietnam's import-export turnover is estimated at 336.32 billion USD in the first eight months, an annual reduction of 0.3 percent, according to the General Statistics Office.
Hanoi is striving to expand handicraft export markets for an annual growth of 8 percent in export turnover under a programme on promoting the city’s industrial development for the 2021-25 period.
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Illustrative image (Photo: VNA) 
