March 24, 2023 | 06:30 GMT+7

Exports recover in March, rise 6.9%

Huyền Vy -

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

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, according to the General Department of Vietnam Customs.

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

Exports were $13.34 billion, up 6.9 per cent.

The export value of FDI businesses hit $9.75 billion, increasing 5.7 per cent 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 per cent 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 per cent for 2023 due to pressure from conflicts between major countries, high inflation, and tightened monetary policies in many countries.

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