Economy
Market ends flat on rising selling force
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| A view of Ha Noi city. In April alone, the city's exports were estimated at $852 million, down 1 per cent month-on-month and 4 per cent year-on-year. — Photo baodautu.vn |
Viet Nam News -HÀ NỘI – The capital city generated approximately USS3.4 billion from exports in the first four months of the year, marking a modest increase of 0.2 per cent against the same period last year, according to the municipal Statistics Office.
In April alone, the city’s exports were estimated at $852 million, down 1 per cent month-on-month and 4 per cent year-on-year, the office said.
Products recording high export growth in the reviewed period included garments, up 23 per cent and means of transport and tools, up 21 per cent. Items witnessing export decline were farm produce, down 19.5 per cent and computer components and peripheral equipment, down 20 per cent.
Meanwhile, the city imported an estimated $1.75 billion worth of goods in April, surging 2.3 per cent against the previous month but decreasing 13 per cent against last year’s corresponding period.
The latest addition has brought the city’s import turnover in four months up to $7.33 billion, down 5.1 per cent year-on-year.
From January to April, the import of most products tended to decline compared to same period last year, such as chemicals, down 25 per cent, plastics (16 per cent) and fertilizers (6 per cent).
The office also reported that the city’s total revenue from the retail trade and services saw a yearly increase of 9.7 per cent to reach nearly VNÐ172 trillion ($7.61 billion) in April.
In the four months, the retail sale of goods and services topped VNÐ682 trillion (about $30.3 billion), 9.7 per cent higher than same period last year. Of which, the State-owned sector recorded a retail sales growth of 7.6 per cent while the non-State owned and foreign sectors witnessed rises of 11 per cent and 10 per cent, respectively. – VNS
