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VietNamNews

Exports to Russia increase by 93%

Update: August, 04/2014 - 08:26

This included a number of high-valued products such as textiles and garments, which achieved the highest export turnover of $283.2 million, an increase of 73.26 per cent.— VNA/VNS Photo Tran Viet

HA NOI (VNS) — Export turnover to Russia in the first half of this year totaled US$ 797.2 million, an increase of 92.72 per cent, according to Viet Nam's customs department.

This included a number of high-valued products such as textiles and garments, which achieved the highest export turnover of $283.2 million, an increase of 73.26 per cent. Coffee products brought in $63.3 million, an increase of 140.32 per cent.

The Vietnam Industry and Trade Information Center (VITIC) suggested that Vietnamese companies stop seeing Russia as risky and increase investments there, saying its tax incentives and high consumption volume made the country an attractive market. — VNS



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