Rising exports help boost trade surplus
Vietnam achieved a significant trade surplus of nearly US$1.4 billion between January 1 and February 15, according to the General Department of Customs.
Sharp export increases, up to 29.1 percent, were the main reason for the higher trade surplus Vietnam enjoyed in the period.
Foreign-invested enterprises scored a 33 percent growth in export turnover and domestic enterprises a 23.3 percent growth compared with the same period last year.
Products attaining high export growth rates included pepper, cassava and cassava products, hats and umbrellas, timber and wooden products, textiles and garments, steel, computers, electronics and components, telephones and components, and means of transport, and spare parts.
The textile and garment sector took the lead in export turnover with over US$2.1 billion, followed by telephones and components with nearly US$1.95 billion, and electronics and components with export turnover of nearly US$1.1 billion.