Despite a decline in state budget revenue, remittances, and foreign direct investment, Vietnam is expected to see positive growth with a surplus in current account this year thanks to a rise in export turnover and foreign currency reserves.

VOV.VN - 2020 witnessed Vietnamese import-export turnover reach over US$543,9 billion, a year-on-year increase of 5.1%, according to the General Department of Customs.

Vietnam moved up four grades to become the second largest exporter to the US in 2020, with its export turnover surging 24.5% to an estimated US$76.4 billion.

VOV.VN - The first half of December has witnessed Vietnamese import-export turnover reach over US$25 billion, thereby increasing the turnover rate over the previous 11 months to more than US$515 billion, similar to 2019’s figure of approximately US$517.26 billion, according to the General Department of Customs.

VOV.VN - Vietnam exported 1.85 million tonnes of oil and petrol during the inital 10 months of the year at a value of US$787.53 million, with the average price being US$462.7 per tonne, marking an annual fall of 33.9% in volume and 30.6% in value, according to the General Department of Vietnam Customs.

VOV.VN - Two-way trade turnover between the country and 14 nations involved in the Regional Comprehensive Economic Partnership (RCEP) agreement hit US$240 billion during the opening 10 months of this year, accounting for 54.6% of total Vietnamese import-export turnover.

Despite a tough year due to the COVID-19 pandemic, the national wood sector looks set to achieve its export turnover target of US$12 billion, and some wood processing businesses have so many orders while they are in short of workers to complete them, according to the Vietnam Timber and Forest Product Association (Vietforest).

VOV.VN - The value of import-export turnover between Vietnam and Laos has increased again after more than half a year of slowdown due to the impact of the COVID-19 pandemic, with two-way trade turnover reaching nearly US$740 million by late September, according to the Vietnam Trade Office in Laos.

Ho Chi Minh City exported US$36.7 billion worth of goods during the first 10 months of 2020, up 5.5% year-on-year, the municipal Department of Industry and Trade has reported.

VOV.VN - Amid challenging developments relating to the novel coronavirus (COVID-19) pandemic which has vastly disrupted international trade, Vietnamese exports have maintained positive growth, with the trade surplus reaching approximately US$17 billion, whilst the trade deficit stands at US$8.16 billion, according to the General Statistics Office.