Tag: surplus
Vietnam records impressive export growth in 2020
Of the six ASEAN nations, only Vietnam posted an increase in exports for 2020, up 7% to US$282.66 billion, according to The Straits Times.
Vietnam enjoys US$1.3 bln trade surplus in January
VOV.VN - Despite the impact of the COVID-19 pandemic, Vietnam has obtained a trade surplus of US$1.3 billion in January, according to the Ministry of Industry and Trade.
Vietnam’s January exports up 50.5% year-on-year
Vietnam’s goods exports were valued at US$27.7 billion, up 0.2% from the previous month and 50.5% from the same period last year, according to the latest data unveiled by the General Statistics Office of Vietnam (GSO).
FDI businesses enjoy trade surplus of nearly US$34 billion throughout 2020
VOV.VN - Foreign direct investment (FDI) enterprises recorded a trade surplus of US$33.87 billion during 2020, while their export value reached US$202.89 billion, representing an annual increase of 10.7%, according to figures released by the General Department of Vietnam Customs.
Logistics costs see unprecedented rise due to lack of empty containers
The Import and Export Sub-Department, has received complaints from businesses and business groups about a shortage of containers that has led to an unprecedented increase in shipping tariffs, its deputy director Tran Thanh Hai has said.
Faith abounds in growth prospects
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.
Exports to US estimated at US$76.4 billion in 2020
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.
Vietnam enjoys record trade surplus of US$19bln in 2020
VOV.VN - Vietnam has obtained a trade surplus of US$19.1 billion in 2020, representing a record high figure over five years in a row, the General Statistics Office announced on December 27.
2020 trade surplus estimated at US$7 billion
Export revenue in 2020 is estimated to reach US$267 billion while imports are to reach US$260 billion, resulting in a trade surplus of some US$7 billion, according to Deputy Minister of Industry and Trade Do Thang Hai.
Vietnamese trade turnover surges 3.6% over 11 months
VOV.VN - Vietnam’s total import-export turnover reached approximately US$490 billion during the past 11 months of the year, representing an annual increase of 3.6%, according to statistics released on December 3 by the General Department of Vietnam Customs.
