Vietnam is estimated to reap export earnings of over 22.3 billion U.S. dollars in the first seven months of this year, a year-on-year surge of 25.7 percent, according to a local trade agency on Tuesday.

Goods recording high export value growths include textiles and garments, up 32 percent to more than 3.3 billion dollars; and coffee, up roughly 30 percent to 652 million dollars, while items with smaller export values comprise of peanuts, down over 60 percent to 10 million dollars; and bicycles and their spare parts, down nearly 20 percent to 79 million dollars, said the Trade Information Center under the Trade Ministry.

Between January and July, Vietnam is estimated to ship abroad 15.8 million tons of coal, soaring 67 percent over the same period last year. It earned 501 million dollars from selling the commodity overseas in the period.

Vietnam, which posted export turnovers of 32.2 billion dollars in 2005, a year-on-year increase of 21.6 percent, is boosting exports, diversifying markets and fostering trade promotion in an effort to gain export growth of 16.4 percent in 2006.

Source: Xinhua