Vietnam striving to boost export growth over remainder of 2020
Hanoi (VNA), June 4 -- Vietnam exported goods with an estimated value of 99.36 billion USD in the first five months of 2020, a year-on-year decline of 1.7 percent. Export turnover of domestic businesses maintained double-digit growth, however, of 10.4 percent, reaching 33.3 billion USD.
The outcome is considered a highlight of goods exports since early in the year, especially given that the export turnover of the FDI sector fell 6.9 percent year-on-year due to the impact of COVID-19 , according to trade experts.
The US remained Vietnam's largest market in the first five months, with turnover of 24.6 billion USD, up 8.2 percent, followed by China, the EU, ASEAN, Japan, and the Republic of Korea.
From January to May, Vietnam posted a tra...
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