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Export earnings surge 24.5 per cent
Export earnings in January - November surged 24.5 per cent against the same 11 months of last year, preliminary General Statistics Office figures show.
The office puts total earnings to date this year at US$64.28 billion, including $6.45 billion for November.
The increase meant that Viet Nam was likely to meet its target of $70 billion for 2010, it says.
The office says the number of exports staples with earnings of more than $1 billion was 16 in November, up 3 against October.
The staples have made a significant contribution to total export revenue.
Garments and textile earnings of more than $10 billion, up 22 per cent against last year, topped the list.
Footwear earned $4.46 billion; Seafood $4.5 billion and crude oil $4.49 billion.
Imports
Imports for November cost an estimated $7.7 billion, creating a trade deficit for the month of $1.25 billion and $10.65 billion for the first 11 months of the year.
The General Statistics Office says although the trade deficit equalled 16.5 per cent of total export earnings, it was still below the Government's 20 per cent target for the year.
But measures to restrict the trade deficit should continue because of intense exchange-rate volatility and an imbalance in foreign-currency supply and demand, it warns.
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