Exports to US to hit 13 billion USD in 2008

17/01/2008 -- 10:51 AM

Ha Noi (VNA) – Viet Nam’s exports to the US are forecast to reach 13 billion USD or more in 2008, representing a yearly increase of 28 percent, said the Ministry of Industry and Trade (MIT). Garment and textiles will continue to top the list of key hard currency earners as its export turnover is expected to attain 5.4 billion USD this year, surging 25.6 percent against 2007. The US is now Viet Nam’s largest garment importer, accounting for 55 percent of the country’s total export turnover. Seafood is expected to fetch 850 million USD, up 14.9 percent, while woodwork will bring home 1.1 billion USD, soaring 23.6 percent. Around 120,000 tonnes of coffee will be shipped to the US this year, earning between 192-200 million USD. The ministry also forecasts this year’s export turnover to the whole American market will reach 14.6 billion USD, a 25.2 percent increase over last year.-Enditem
Send this page	Print

Vietstarbank to be operational in May (16/01/2008)

Viet Nam lauds IFAD’s decision to set up rep. office (16/01/2008)

Thanh Hoa: confectionery joint venture inaugurated (16/01/2008)

Workshop explores Italy-Viet Nam cooperation possibilities (16/01/2008)

Ba Ria-Vung Tau ushers in new year with 1.35 bln USD in FDI (16/01/2008)

Company successful in producing coking coal (16/01/2008)

Ministry believes big-scale FDI projects to flow in (16/01/2008)

Coffee producer signs biggest equipment deal (16/01/2008)

Securities trading floor opens in Thanh Hoa (16/01/2008)

Hoa Sen, Gemadept join hands to build sea port (16/01/2008)