First locality records export value of US$10 bln

Ho Chi Minh City becomes the first locality nationwide recording the export value of US$10 billion (as of the end of the first quarter of 2020), according to the General Department of Customs.

As many as 11 localities have joined the US$1 billion export club including Bac Giang, Bac Ninh, Binh Duong, Dong Nai, Ha Noi, Hai Duong, Hai Phong, Long An, Tay Ninh, Ho Chi Minh City and Thai Nguyen. 

The total export value of these localities reached US$49.35 billion, making up 78% of the nation’s total export value in the first quarter of 2020. 

Ho Chi Minh City took the lead with US$10.5 billion, a year-on-year increase of 14.6%, contributing 16.6% of the nation’s total export value. 

Hai Phong City witnessed an increase of US$1.05 billion in export value against the same period last year, achieving nearly US$4 billion, ranking second. 

By Thuy Dung