Today’s English “Hà Nội’s export turnover up in five months despite COVID-19”

Hà Nội’s export turnover up in five months despite COVID-19.

The capital city exported US$5.89 billion worth of goods in the first five months of this year, up 8.1 percent annually, reported the municipal People’s Committee.

Almost all sectors recorded increases in export earnings, including mobile phones and spare parts at $147.2 million (2.1 times higher than that of the same period last year), footwear with $136.2 million (up 39.8 percent), glass and its products with $167.5 million (up 29.8 percent), machinery and equipment with $791.5 million (up 24.8 percent), wood and wooden furniture with $273.9 million (up 24.6 percent).

Only farm produce and petrol earned less with respective revenue of $315.2 million, down 7.1 percent, and $231.5 million, down 38.2 percent.

In May alone, the city’s export turnover hit an estimated $1.252 billion, down 0.2 percent month-on-month and up 2.5 percent year-on-year.

Of which, $683 million was from domestic firms, down 0.1 percent monthly and 14.5 percent yearly. The remaining was from foreign-invested enterprises, representing a monthly decrease of 0.3 percent and an annual increase of 34.5 percent.