Hanoi remains among top 10 localities for exports

VOV.VN - With export turnover reaching more than US$16.6 billion, Hanoi continued to rank eighth among the country’s top 10 localities in terms of exports last year, according to the Vietnam Import-Export Report 2023 unveiled by the Ministry of Industry and Trade (MoIT) on May 16.

The report outlined that although Vietnamese export turnover last year dropped by 4.6% compared to 2022, it raked in over US$354 billion from exports.

Ho Chi Minh City took the lead in export earnings with US$42.4 billion, followed by Bac Ninh, Binh Duong, Hai Phong, Thai Nguyen, Bac Giang, Dong Nai, Hanoi, Phu Tho, and Vinh Phuc.

The report also indicated that domestic enterprises grossed US$95.5 billion from exports, marking a drop of 0.3% compared to 2022, while the foreign invested firms fetched US$259.1 billion in export turnover, down 6.1% compared to the previous year.

2023 was the eighth consecutive year that the Ministry of Industry and Trade has compiled this report. 

It is an official document released annually by the Ministry of Industry and Trade with the aim of providing an overview on the import-export activities and updated information on the outcomes of implementation of new generation free trade agreements (FTA) and new points relating to deploying trade promotion activities.

Over recent years, the report has received high acclaim from stakeholders, including associations, State management agencies, and businesses due to its transparent and systematic information, thereby making significant contributions to devising proper import-export plans.

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