Tag: deficit
Exports jump nearly 30% in January, but trade posts US$1.78 bln deficit
VOV.VN - Vietnam’s exports surged nearly 30% in January from a year earlier, driven by strong shipments from the foreign-invested sector, but a sharper rise in imports pushed the country into a trade deficit, government data showed on February 6.
State budget revenue hits US$94 billion by mid-December
State budget revenue reached approximately VND2.47 quadrillion (US$94 billion) by December 15, 2025, exceeding the target for the whole of 2025 by 25%, according to the Ministry of Finance.
Vietnam posts nearly US$4 billion trade deficit with ASEAN in Q1
VOV.VN - Vietnam recorded a trade deficit of US$3.8 billion with ASEAN in the first quarter of 2025, as total bilateral trade hit US$22.2 billion, according to the latest socio-economic report released by the General Statistics Office (GSO) and the Ministry of Finance.
State budget revenue exceeds VND2 quadrillion for the first time
VOV.VN - For the first time, Vietnam’s State budget revenue has exceeded VND2 quadrillion in 2024, reflecting the robust development of the national economy, according to the Ministry of Finance.
Vietnam-China trade hits nearly US$170 billion over 10-month period
VOV.VN - The total trade value between Vietnam and China over the past 10 months reached US$168.5 billion, and the figure is expected to rise to US$200 billion by the end of the year, reported by the General Statistics Office (GSO).
Vietnam-China trade turnover hits nearly US$130.8 billion
The import-export turnover between Vietnam and China reached nearly US$130.8 billion in the first eight months of this year, according to the latest statistics from the General Department of Customs.
Vietnam racks up trade deficit of US$5.6 billion with ASEAN
VOV.VN - Trade turnover between Vietnam and ASEAN reached US$54.9 billion during the eight-month period, up 12.5% on-year, with the country posting a trade deficit of US$5.6 billion with the bloc, according to details given by the General Department of Vietnam Customs.
Vietnam remains second largest export market of Laos
Vietnam was the second largest importer of Lao products in June this year, with a total value reaching US$115 million, according to the Lao Trade Portal (LTP).
Farm produce exports on course to meet US$54 billion target for 2024
VOV.VN - Vietnam earned US$29.2 billion from agro-forestry-fishery exports in the first half of this year, marking a rise of 19% year on year, and it is now on course to meet the export target set for 2024.
Import surplus returns after 23 months, experts downplay concerns
VOV.VN - After enjoying trade surpluses for the past consecutive 23 months, Vietnam once again slipped into an import surplus in May, sparking concerns about the general health of the economy, although experts say it is not really a worrying sign.