Hai Phong exports 880 million USD worth of product

The northern port city of Hai Phong has so far this year netted close to 883 million USD from exports, up 26.8 percent year-on-year.

The city expects to hit its target of 1.2 billion USD for 2007 as it looks to join the 1 billion USD export club for the second time.

The city’s export staples recorded good results such as aquatic products earning 28.9 million USD; plastic products, 44 million USD; textiles and garment, 84.4 million USD; footwear, 263.4 million USD; and electronics 40.5 million USD.

However, the export turnovers recorded by the locally-run, centrally-run and foreign-invested sectors increased unequally, with the centrally-run and foreign-invested sectors seeing annual growth rates of 37 percent and 59.4 percent, respectively, as compared to the 10.8 percent figure registered by the locally-run sector.

The foreign-invested sector in the past nine months fetched 420.7 million USD or almost 48 percent of the city’s entire export total.

Source: http://www.vnagency.com.vn/Home/EN/tabid/119/itemid/215465/Default.aspx