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VietNamNews

Business trade between France and Viet Nam boosts

Update: April, 09/2012 - 16:26

HA NOI - The country's export turnover to France rose during the first quarter of the year, reaching 224.9 million euros (US$294 million).

Export turnover registered a 55.4 per cent rise during the first quarter over the same period last year.

Electronic products topped the list of exports, earning turnover of 64 million euros (US$83 million), a 161 per cent increase over the same period last year.

Most traditional Vietnamese products recorded strong export growth, including garments and textiles, furniture and seafood, said Nguyen Canh Cuong, Viet Nam's Commercial Counselor to France.

Cuong said that during the first month of this year, export value of furniture products reached 21.9 million euros ($37.2 million), a 41 per cent hike compared to the same period last year. Seafood exports reached 8.7 million euros ($11,3 million), a 25 per cent rise ($2.8 million), while footwear earned 50 million euros ($65 million) in export sales, a 22 per cent increase ($14 million) compared to the same month last year.

Also in the first quarter of the year, Viet Nam's import turnover from France reached 45.7 million euros ($60 million), a 26 per cent rise against the same period last year.

The first quarter also saw an increase in machinery, mechanical products and pharmaceutical imports totalling 24 million euros ($31 million), while imports of chemicals and aviation equipment remained stable.

Cuong said import turnover from France reduced in the first quarter as food and drink imports had continued to decrease. -- VNS

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