Vietnam’s trade surplus hits US$2.7 billion in 2017

Rising export turnover to the US would help to meet this year's export target of $23 billion.Vietnam saw 29 staples exported to the US with turnover of more than $10 million each, of which 14 items had turnover of over $100 million. Garments and textiles took the lead with turnover of $3.2 billion, followed by footwear with $1.03 billion, wood and wooden products posting $710 million, and computer, electronics and components at $479 million. Seafood at $470 million, and machinery and parts at $362 million.Exports to the US accounted for 18 per cent of Vietnam's total export value.However, Vietnam's exports…... [read more]

HA NOI (Biz Hub)— Viet Nam posted a trade surplus of US$8.3 billion with the US in the first half of the year, representing an 18.5 per cent year-on-year increase.Statistics from the General Statistics Office showed that Viet Nam's exports to the country last year was 116 times higher than that of the same period in 1995, with average annual growth of 32 per cent. Rising export turnover to the US would help to meet this year's export target of $23 billion.Viet Nam saw 29 staples exported to the US with turnover of more than $10 million each, of which…... [read more]

The GSO said the countryhad enjoyed a trade surplus since the beginning of this year, achieving atrade surplus of 1 billion USD in the first quarter, 1.3 billion USD inthe first half and 2.5 billion USD in the first nine months. Duringthe first 10 months, the nation's exports earned 123.75 billion USD, a13.4-percent year-on-year increase, and its imports reached more than121.2 billion USD, an 11.2-percent year-on-year increase. Exportsof the foreign-invested sector earned 82.48 billion USD, or two-thirdsof the country's total exports, and its imports reached 68.66 billionUSD, thereby achieving a 13.8-billion USD trade surplus. Meanwhile,the State-owned sector experienced a significant…... [read more]

The United States was the country's largest export market in the first eight months, accounting for $18.5 billion in exports, or 22.5 per cent more than that of the same period last year.— VNA/VNS Photo Trong Dat HA NOI (VNS)  — Viet Nam has gained a trade surplus of US$1.7 billion for the first eight months of 2014, figures from the General Statistics Office (GSO) show. The figures also showed that the nation incurred a trade deficit, worth $100 million, only in January, and began earning a surplus in February, at $244 million. The surplus reached $1 billion in the…... [read more]

Vietnam is estimated to have posted a trade surplus of US$1.647 billion in the first quarter of this year, the record figure so far, thanks to a sharp increase in gemstone and gold exports, the Ministry of Industry and Trade has said. The MOIT said in March exports value of gemstone and gold hit $850 million, up 49 folds on year and accounted for 18 per cent of the country’s exports. In the first quarter, gemstone and gold exports jumped 48 folds to US$2.287 billion. In the first three months, imports hit $11.832 billion, down 45 per cent on year while exports…... [read more]

Nhan Dan Online - Vietnam has accumulated a US$1 billion trade surplus in the first quarter of 2014 - the highest first-quarter surplus recorded since 2010, the General Statistics Office (GSO) has reported.   The nation's first-quarter export revenue was estimated at US$33.34 billion, up 14.1% over Q1 of last year, and import expenditures were calculated at US$32.34 billion, a 12.4% year-on-year increase. As a result, there remains a surplus of US$1 billion - 1.53% of total trade revenue. The foreign-invested sector has continued to play a crucial role in the national economy, as it posted a trade surplus of…... [read more]

Figures released by the department showed that the country's totalimport and export revenue reached 170.1 billion USD in the first eightmonths of this year, increasing 14.8 percent on last year's figures andachieving 67.6 percent of the year's target. Thecountry earned 85.16 billion USD from exports, accounting for a 15percent increase on the same period last year. Meanwhile, Vietnamimported 84.99 billion USD in the in the first eight months of the year,representing a 14.4 percent increase. Last month, thecountry reaped 11.92 billion USD and imported 11.32 billion USD,increasing 2.8 percent and 0.9 percent increase against the previousmonth. Key export items including…... [read more]

Export increases In October, Vietnam exported US$13.2 billion worth of products, a rise of 4.5 percent compared with September. In the first 10 months, the export value reached an estimated US$123.1 billion, up 13.4 percent compared with the same period last year. Specifically, the export value of the domestic economic sector reached US$40.6 billion, up 12.9 percent, and that of the foreign invested sector (including crude oil businesses) reached US$82.5 billion, up 13.6 percent. The export value of key products continued to grow, for example telephones and components US$19.2 billion, up 6.9 percent; textiles and garments US$17.6 billion, up 19.3…... [read more]

Customs statistics show Vietnam’s eight-month exports grossed over US$97.23 billion in value while its imports fetched US$94.16 billion. In the reviewed period, FDI businesses earned US$59.64 billion from exports, and spent US$52.83 billion on imports, obtaining an export surplus of US$6.81 billion. In the second half of August alone, they enjoyed a trade surplus of US$770 million thanks to a boom in exports. By contrast, the domestic economic sector suffered an import surplus of US$3.8 billion between January-August.... [read more]

  Workers of Phong Phu Textile and Garment Co in the central province of Quang Tri produce garments for export. — VNA/VNS Photo Ho Cau HA NOI (VNS)— Exports reached more than US$104 billion in the first 11 months of this year, up 18.4 per cent over the same period last year, while imports hit $103.998 billion, an increase of 6.8 per cent, creating a trade surplus of $14 million. The General Statistics Office said the trade improvements followed dozens of years in trade deficit and was due to the rapid increase in exports. Garment and textile, and phones were…... [read more]