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.
A sharp rise has been recorded in foreign trade over the past few months, and if this upward trend is sustained, this year’s foreign trade turnover is likely to break the record of US$732 billion set in 2022.
The total export-import turnover through the Mong Cai International Border Gate in the northern province of Quang Ninh in the first eight months of 2024 reached US$2.64 million, marking a 24% increase year-over-year, while 265 new businesses began operation in the area.
VOV.VN - Vietnam has racked up a trade surplus of nearly US$15.5 billion, with total import and export turnover by mid-August reaching US$473 billion, up nearly 17% year on year, according to the General Department of Vietnam Customs.
VOV.VN - Vietnam and Australia have agreed to ramp up investment and trade promotion, striving to swiftly reach the trade turnover target of US$20 billion and double two-way investment over the next two to three years.
VOV.VN - Vietnam recorded a trade surplus of US$15.5 billion in a period from January 1 to August 15, according to the General Department of Customs.
VOV.VN - Trade turnover between Vietnam and the Philippines is likely to reach between US$8.1 billion and US$8.3 billion this year, up between 3.9% and 6.4% on-year, according to the Vietnam Trade Office in the Philippines.
VOV.VN - Vietnamese imports of computers, electronic products, and components stood at US$54.3 billion from January 1 to July 15, representing a year-on-year rise of 28.4% and accounting for nearly 28% of the county’s total imports, according to data released by the General Department of Vietnam Customs.
VOV.VN - Both nations will continue to promote economic co-operation and connectivity, especially cross border trade with a view towards reaching trade turnover of US$20 billion over the following years.
The import - export turnover between Vietnam and China is predicted to approximate and even exceed US$200 billion in 2024, driven by strong trade improvement in the first half of the year.