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Export sees new high in new year

31
Jan '07
With the WTO entry and relaxation in trade restrictions, the economy of Vietnam has seen an encouraging growth during the first month of the New Year.

The General Statistics of the country reveals that the export turnover has reached US $3.3 billion, up 7.7 percent in January this year as compared to last year.

The domestic sector has added up $1.55 billion and the foreign investment has contributed $1.75 billion to the Vietnam economy.

The conventional exported items of the country like textile and garment have contributed $500 million and footwear with $350 million in turnover.

A number of new items like jewelry export have seen 39.5 percent growth over last year.

Foreign investments are also pouring in the country. 29 projects of foreign countries have received licence to invest $305 million in the first 20 days nationwide.

Ten international projects have received permit with a total investment capital of $45 million to expand their production.

This January, Vietnam welcomed 369,000 foreign visitors, 9.5 percent more than last year.


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