Exports fetch US$96.5 billion in nine months
Vietnam was estimated to earn US$96.5 billion from exports in the first nine months of this year, a year-on-year increase of 15.7%.
According to the General Statistics Office (GSO), FDI businesses contributed US$58.4 billion, or 60.6%, to the figure. Their export earnings marked a 27% rise from the same period last year.
In the nine-month period, the country made a trade deficit of US$124 million or 0.1% of total export value.
The FDI sector only posted a trade surplus of nearly US$4 billion in the reviewed period.
Vietnam is expected to rake in US$68 billion in export earnings in the second half, bringing this year’s total export value to US$129 billion, which will mark a 12.5% increase from last year, according to the Ministry of Trade and Industry.
Meanwhile, the country’s import value is estimated to hit US$70 billion, raising the year’s total imports to US$132 billion, a year-on-year rise of 14.5%.
In the nine-month period, the country made a trade deficit of US$124 million or 0.1% of total export value.
The FDI sector only posted a trade surplus of nearly US$4 billion in the reviewed period.
Vietnam is expected to rake in US$68 billion in export earnings in the second half, bringing this year’s total export value to US$129 billion, which will mark a 12.5% increase from last year, according to the Ministry of Trade and Industry.
Meanwhile, the country’s import value is estimated to hit US$70 billion, raising the year’s total imports to US$132 billion, a year-on-year rise of 14.5%.