Vietnam’s exports to 14 markets exceed US$1 bil
(VOV) - Vietnam exporters are becoming a bigger player in the global marketplace, according to the latest statistics from the General Department of Vietnam Customs.
During the four months leading up to May there were 14 export markets that exceeded the US$1 billion benchmark— four ASEAN markets, five non ASEAN markets in Asia, three in Europe, the US and Australia.
I’m struck by how diversified the products are, said an unnamed representative of the department.
We’re seeing manufacturing starting to expand and more products being made by foreign invested companies in Vietnam.
In the January-April period, the exports to these 14 markets alone reached nearly US$35.2 billion and accounted for 70.8% of the nation’s total exports, which jumped 6.9% on-year.