Viet Nam reports impressive performance for January
06 Feb '06
1 min read
Viet Nam reported impressive achievements in the very first month of the year in exports and investment.
Export worth $2.8 billion was earned in January, conveyed the Ministry of Trade.
Last year garment and textiles, faced difficulties in exports but grossed $370 million, of which $152 million came from US market, up from 64 percent over same period previous year.
Investment worth $440 million was reported from foreign investments by January 22.
New investment from traditional investors, like Japan, Taiwan and the Republic of Korea will come in with Investment Law and the Enterprise Law taking effect on July 1, said Deputy Head of the Foreign Investment Department Nguyen Anh Tuan.
Retail sales is projected around 46.3 trillion VND, an increase of 26.4 percent over same period last year, said Ministry of Trade.
Consumer Price Index in January is forcast to rise 100 percent compared to CPI of February, said market researchers.