11:19:41 AM | 15/9/2008
Vietnam’s capital city of Hanoi imported up to US$17.1 billion of goods in the first eight months of this year, up 45 per cent on-year.
Among the city’s import staples, materials reported the highest growth rate of 53 per cent, followed by machines and equipment with 36.9 per cent and other goods with 29.5 per cent.
It is forecast that the capital’s import trend will continue increasing due to businesses’ high demand for production materials in the remaining months of the year.
During the eight-month span, Hanoi raked in US$4.7 billion from exports, up 4.1 per cent on-year, resulting in the city’s huge trade deficit of US$12.4 billion.
The city targets to rake in US$6.5 billion from exports in 2010 and obtain an annual export growth of 18-20 per cent during the 2006-2010 period. (New Hanoi)