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Economy

Exports recover in March, rise 6.9%

Huyền Vy Friday | 03/24/2023 11:39

Total export value in the first half of March hit $13.34 billion. Photo by VnEconomy.

Exports recovered in the first half of March, with growth of 6.9 per cent compared to the first half of February in key sectors such as computers, electronics, and garments and textiles.

Total trade value from March 1-15 stood at $27.2 billion, up 17.3 percent compared to the second half of February.

Exports were $13.34 billion, up 6.9 percent.

The export value of FDI businesses hit $9.75 billion, increasing 5.7 percent compared to the first half of February and bringing the total this year to $47.8 billion.

Meanwhile, Vietnam imported goods worth $13.83 billion in the first half of March, up 29.4 percent against the first half of February.

Though exports posted positive results in the first half of March, experts warn that Vietnam still faces a host of challenges in fulfilling its GDP growth target of 6 percent for 2023 due to pressure from conflicts between major countries, high inflation, and tightened monetary policies in many countries.

Source: VnEconomy

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