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Vietnam Exported $13 Billion 600 Million In Textile Garments For The First 8 Months.

2014/9/18 14:36:00 38

VietnamTextiles And GarmentsExports

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Vietnam?

According to statistics of the General Bureau of statistics, Vietnam's exports amounted to about $13 billion in August (2014), an increase of 0.7% over July, and an increase of 10.3% over the same period last year.

Cumulative 8 months ago Vietnam

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The amount amounted to US $97 billion, an increase of 14.1% over the same period last year, of which the export volume of Vietnam funded enterprises was about US $31 billion 800 million, an increase of 11.1%, and the export volume of foreign enterprises (including crude oil) was about 65 billion 200 million US dollars, an increase of 15.6%.

The main export products increased in the first 8 months of this year, including telephone and parts exports of $15 billion 200 million, an increase of 13.7%, $13 billion 600 million in textile and apparel products, and an increase of 19.7%.

footwear

Exports amounted to 6 billion 700 million US dollars, increased by 23.1%, crude oil exports increased by US $5 billion 600 million, increased by 14.3%, aquatic products exports increased by US $5 billion, and increased by 23.6%.

Other machinery and equipment and spare parts exported 4 billion 800 million US dollars, increased by 23.1%, wood and wood products exported US $3 billion 900 million, increased by 12.8%, coffee exports 2 billion 500 million US dollars, increased 22.4%, handbags, luggage, hats and umbrellas exported 1 billion 700 million US dollars, an increase of 36.2%.

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The US dollar index rose significantly on Wednesday (September 17th). The Fed's interest rate resolution released during the day and the subsequent Yellen speech displayed hawkish stance. "The interest rate has remained for a long time". This key statement is not cancelled as expected in the forward-looking guidance, and the Federal Reserve has promulgated the principles and plans for the normalization of monetary policy.

The Fed's resolution as expected in the day, and the QE policy again reduced by 10 billion US dollars to US $15 billion per month. The purchase scale of MBS is reduced by 5 billion US dollars to US $5 billion per month, and the purchase scale of treasury bonds is reduced by US $5 billion to US $10 billion per month.

FOMC released quarterly forecasts for the 17 policy makers on the economy and interest rates, and for the first time released its forecast for 2017, suggesting that the Fed's rate hike will be faster than it was in June.

The median of the policymakers is expected to be 1.375% at the end of next year, 1.125% in June, 2.875% at the end of 2016, 2.50% before 2017 and 3.75% in 2017.

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