(VOVWORLD) - Vietnam recorded a trade surplus of 12.25 billion USD in the first half of 2023. The domestic market strongly recovered with retail sales of consumer goods and services increasing 10.9%, according to a review conference in Hanoi on Friday.
 Leaders of the Ministry of Industry and Trade at the review conference in Hanoi on July 7, 2023 (Photo: congthuong.vn)
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Industrial production recovered 98.8% against last year, in which 48 of 63 localities enjoyed industrial production index rising. Several major industrial centers including Thai Nguyen, Quang Ninh, Bac Giang, Hai Phong, Ho Chi Minh City, Binh Duong, and Dong Nai restored their growth momentum.
E-commerce continued to be an important distribution channel, contributing to the development of supply chains and circulation at home and abroad.
In the second half, Minister of Industry and Trade Nguyen Hong Dien underscored the need to address the difficulties in capital, policies and administrative procedures to support enterprises to recover and develop production and trading, maintain supply chains, and boost exports.
Dien called for more focus on speeding up the disbursement of public investment capital to ensure efficiency and compliance with regulations.
“It’s necessary to work closely with relevant agencies and localities to keep close eyes on the progress, promptly remove obstacles to soon put into operation key projects with high pervasiveness in electricity, oil and gas, processing industry, mineral manufacturing, logistics to increase production capacity and create the supply of raw materials and fuel for sustainable development,” said Dien.