Exports hit $730mln during Tet

Vietnam’s export-import turnover reached $1.41 billion during the Lunar New Year (Tet) holiday from February 8-14, figures from the General Department of Vietnam Customs reveal.

Exports contributed $730 million.

More than 1,000 businesses nationwide engaged in import and export activities during the seven-day holiday, while nearly 10,000 customs declarations were processed.

Key export items were phones and components, with revenue of $282.8 million, or 38.7 per cent of total export value during Tet, electronic products and components, with $263.6 million, and machinery and equipment $54.4 million, accounting for 36.1 per cent and 7.5 per cent, respectively.

Trade value posted during Tet brought the country’s total import-export revenue from January 1 to February 14 to $82.56 billion, for year-on-year growth of 17.1 per cent.

Export turnover reached $43.83 billion, up 21.6 per cent year-on-year.

The country posted a trade surplus of an estimated $5.1 billion.