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» » » Positive signs for exports in New Year

EXPORT - Many businesses have already resumed production in the early days of the lunar New Year to meet foreign partners’ goods delivery deadline.

According to Tu Bon Lacquerware Co. Ltd representative Le Ba Linh, the company based in southern Binh Duong province has exported batches of lacquer products to the European and Middle Eastern markets. It is expected to export products worth more than US$100,000 in the first few months of the year, an increase of 10 percent against the later months of 2012.

Thien Phu Rattan and Bamboo Company in Cu Chi district has also sped up material imports for February goods deliveries to its Taiwanese partner. The company’s director is expecting export orders to increase by 10 percent against the previous year.

Nguyen Huu Viet, Head of Marketing for Cadivi, said the company has plans for the US export of four cable variety containers worth US$500,000. This is the company’s first US market order and is part of a US$5 million export strategy for this market this year, up 25 percent compared to last year.

Ly Quoc Hung, head of the Ministry of Industry and Trade’s Department for the African, West Asian, and South Asian Markets, noted many timber and seafood companies have exported goods to the African market since the beginning of the year. Last year, export turnover to Africa exceeded US$2.6 billion, up more than 20 percent against the same period in 2011.

The General Statistics Office estimates January export turnover to hit US$10.1 billion, up 43.2 percent compared to the figure a year ago. Key export commodities include mobile handsets and components (up 105 percent), electronics, and computers and components (up 95 percent). Agricultural and seafood product export turnover is expected to reach US$1.63 billion, up 39.6 percent.

Source: VOV

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