ASEAN KEY DESTINATIONS
Exports likely to increase 24 percent
At a meeting in Hanoi earlier this week, MIT's Deputy Minister Nguyen Thanh Bien said that the industrial and processing products group revenues reached $44 billion, accounted for a major proportion of the 11-month-total export turnover of $64.3 billion.
Export revenue averaged $5.86 billion a month, which was higher than the planned figure of $5.04 billion.
"The foreign direct investment (FDI) sector played a leading role in creating export value as its export revenue continuously increased, from 52.4 percent to 54.1 per- cent in 2009-10 and it will continue to be the case in the coming period," Bien said, adding that the sector had focused on several key export commodities including textiles and garments, footwear, wood products, computer and accessories, machinery and components.
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