Wednesday, 03/03/2010 00:12

Export turnover reaches US$8.9 billion

Exports nationwide gained US$3.9 billion in February, raising the total figure of turnover in the first two months of this year to over US$8.9 billion, matching the same period in 2009.

According to the Ministry of Industry and Trade, exports in January-February showed optimistic signs. Many exports increased sharply against the same period last year, including crude oil (By 74 percent), coal (By 45 percent), rubber (By 86 percent) and rice (By 24 percent).

In February alone, imports gained US$4.7 billion, raising the turnover in the first two months of this year to US$10.65 billion, an increase of 40 percent compared to the same period in 2009.

In general, imports of raw materials and fuel climbed sharply, showing that the economy is stabilizing and production is expanding.

vov

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