Vietnam April exports up 10.6% y/y, industrial output up 6.3%

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HANOI : Vietnam's exports in April are estimated to have risen 10.6 per cent from a year earlier to $30.94 billion, led by shipments of electronics, while industrial output in the month rose an annual 6.3 per cent, government data showed on Monday.

FILE PHOTO: Workers clean the ground in front of containers at Tien Sa port in Da Nang city, Vietnam, March 6, 2020. REUTERS/Kham/File PhotoHANOI : Vietnam's exports in April are estimated to have risen 10.6 per cent from a year earlier to $30.94 billion, led by shipments of electronics, while industrial output in the month rose an annual 6.3 per cent, government data showed on Monday.

Imports in April are estimated to have risen 19.9 per cent to $30.26 billion, resulting in a trade surplus of $680 million for the month, the General Statistics Office said in a report. Consumer prices in April rose 4.4 per cent from a year earlier, the GSO said, and retail sales increased an annual 9.0 per cent.

Vietnam is targeting gross domestic product growth of 6.0 per cent to 6.5 per cent this year, faster than its expansion of 5.05 per cent last year.

Source: Tech Daily Report (techdailyreport.net)

 

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