Photo for illustration (Source: VOV)
Throughout the six-month period, the country’s export turnover totaled USD121.21 billion, an annual decrease of 1.1%. Of the figure, the foreign invested sector raked in USD79.83 billion, representing a decline of 6.7% and accounting for 65.9% of the country’s overall export turnover, reported VOV.
Elsewhere, the domestic economic sector earned a total of USD41.38 billion in export revenue, marking an increase of 11.7% and accounting for 34.1% of the total export value.
The six-month import value of commodities fell by 3% to USD117.17 billion in comparison with the same period last year, of which a total of 22 imported items reached over USD1 billion each, making up 81.2% of the total import turnover.
According to the National Steering Committee for COVID-19 Prevention and Control, Vietnam has gone through 75 consecutive days without new COVID-19 cases recorded in the community on June 30th morning.
22 commodities enjoy export turnover of over USD1 billion in first half
According to the Ministry of Industry and Trade, during the first half of 2020, Vietnam reposted 22 commodities with export turnover of over USD1 billion, making up 86.2 percent of the total.
Workers at a garment-textile firm in central Thua Thien Hue province (Photo: VNA)
Mobile phones and spare parts topped the list with USD21.5 billion, followed by electronic products, computers and components USD19.3 billion.
Garment-textile and machinery, equipment and spare parts groups posted USD12.8 billion and USD10.3 billion in export revenue, respectively.
The domestic economic sector contributed over USD41 billion or 34.1 percent, while the foreign investment sector nearly USD80 billion or 65.9 percent.
The US was the biggest export market of Vietnam in the period with USD30.3 billion, up 10.3 percent year on year. China came second with USD19.5 billion, up 17.4 percent, followed by the EU with USD16.1 billion (down 8.8 percent), ASEAN USD11.1 billion (down 14.2 percent), Japan USD9.4 billion (down 2.3 percent), and the Republic of Korea USD9.3 billion (up 2.3 percent)./.
Hot weather to continue scorching northern and central Vietnam
According to the National Centre for Hydro-Metreologogical Forecasting, hot weather is set to scorch northern and northern-central provinces this week with temperatures from 35 to 38 degree Celsius. Extreme heat has put northern-central provinces from Thanh Hoa to Quang Tri at risk of forest fires.
Photo for illustration (Source: tuoitre.vn)
The extreme heat is predicted to last for the next 10 days. Up to four heat waves have been forecast to hit the north in the first half of July, while central provinces are forecast to continue suffering drought./.