According to the latest statistics released by the Customs Department, Bac Ninh province took the lead in export turnover among 34 provinces and cities nationwide in July, reaching US$8.6 billion. Ho Chi Minh City ranked second with US$7.8 billion, followed by Hai Phong with US$4.1 billion and Phu Tho with US$3.2 billion.
In addition, several localities recorded an export turnover of over US$1 billion in July, including Dong Nai, Hanoi, Ninh Binh, Tay Ninh, and Thai Nguyen.
It came as a surprise that Bac Ninh surpassed Ho Chi Minh City in export turnover. In June, Ho Chi Minh City maintained its leading position with a turnover of US$4.1 billion. Even when taking into account the figures of Binh Duong (US$2.9 billion) and Ba Ria – Vung Tau (US$625 million), these two localities still outperformed Bac Ninh (US$3.9 billion) and Bac Giang (US$3.6 billion) combined.
The surge in exports of phones and electronic components in July propelled Bac Ninh to the top spot in the country.
According to the investigation of Tien Phong newspaper, the reason for Bac Ninh’s newly achieved lead in export turnover in July is the accelerated export growth of businesses in the locality, mainly high-tech products, electronics, phones, and computers from large enterprises such as Samsung, LG, and Canon.
This also contributed to the significant increase in the country’s export turnover of phones and components in July, rising by 24% compared to the previous month.
In contrast, Ho Chi Minh City’s exports in July witnessed a decline, comprising mainly of textiles, footwear, agricultural products, and other industrial products.
Nonetheless, Ho Chi Minh City remained the country’s leading exporter in the first seven months, with a turnover of US$53 billion, accounting for over 20% of the country’s total.
According to the Customs Department, Vietnam’s export turnover in July reached US$42.3 billion, a 7% increase compared to the previous month, making it the highest monthly turnover ever.
Among the ten largest export commodity groups this month, eight reached a turnover of over US$1 billion. Computer, electronic products, and components took the lead with US$9 billion, followed by phones and components with US$5.5 billion, machinery, equipment, and tools with US$5.3 billion, textiles with US$3.9 billion, and footwear with US$2.2 billion.
In the first seven months, the export turnover reached US$262.4 billion, a 14.8% increase compared to the same period last year.
Previously, the Ministry of Industry and Trade set an export target of approximately US$454 billion for 2025. From now until the end of the year, Vietnam’s average monthly export turnover needs to reach US$38.2 billion to achieve this goal.
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