Export turnover in first 2 months up 4.2%

The province’s export turnover in February, 2020 was estimated at more than US$1.87million, up 1.5% compared to the previous month. Of these, the domestic investment sector reached more than US$ 370million, up 1.4% while the foreign investment sector was more than US$1,500million, up 1.5%.

Thus, the figure in the first two months of the year was estimated at more than US$3,713million, up 4.2% against the same period last year. Of the total figure, the domestic investment sector secured more than US$735million, up 3.4% while the foreign investment sector achieved more than US$2,978million, up 4.4% over the same period last year.

The export activities of province-based enterprises, especially those with export market in China have faced obstacles, due to Covid-19 epidemic. The province now has around 137 enterprises mainly exporting products to China, accounting for 12.7% of the province’s export turnover…Hence, this does not affect the province’s consumption market scale for exports too much.

Reported by Triet Nhan-Translated by K.T

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