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Trade: HCM City Posts 34% Increase in Ten-Month Exports.

Asia Africa Intelligence Wire

| November 08, 2004 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Vietnam News Briefs)

Exports from Ho Chi Minh City in Vietnam rose dramatically by 34.1% to $8.07 billion in the January-October period, signaling the prospect that the city would fulfil its export target earlier than initially projected.

In the first ten months of this year, textiles and garments posted the highest export value among all staples with $657.7 million, up by 7.1% compared with the same period last year. These were followed by rice with $220 million, up 45.5%; footwear, $180.5 million, up 8.7%; seafood, $148.7 million; and coffee, $53.5 million, up 19.4%.

Crude oil alone marked year-on-year increases of 14.5% and 49.3% in volume …

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