FIEs post trade surplus of nearly US$34 billion by mid-September
VOV.VN - Foreign-invested enterprises (FIEs) racked up a trade surplus exceeding nearly US$34 billion from the beginning of the year to September 15, according to the latest preliminary statistics released by the General Department of Vietnam Customs.
Specifically, FIEs’ total import-export turnover throughout the reviewed period dropped by 12.3% to US$320.01 billion compared to the same period from last year.
The first half of September saw FIEs rake in US$10.59 billion from exports, down 18.7%, equivalent to a decrease of US$2.44 billion compared to the second half of August.
By the end of September 15, FIEs’ total export turnover had reached US$176.99 billion, representing a fall of 9.3% compared to the same period from last year, and duly accounting for 73% of the country's total export turnover with key export products including phones, computers, along with garments and textiles.
In contrast, FIEs’ imports in the first half of September fell by 6.5% to US$8.9 billion compared to the second half of August.
FIEs’ total import turnover by mid-September had declined 15.8% to US$143 billion on-year, accounting for US$64 million of the country's total import turnover.
