Vietnam’s trade turnover is expected to hit $540 billion this year, marking a year-on-year increase of $23 billion.

The signed contracts are in the fields of export-import of metal ores, chemicals, agro-forestry-fishery products, and fertilizer, among others.

Vietnam's trade turnover is likely to reach US$489.1 billion in the January – November period, representing an increase of 3.5% year-on-year.

Vietnam's trade turnover is likely to have reached US$440.09 billion in the January–October period, up 2.7% year-on-year.

Car sales in Vietnam in the January–October period dropped 18% year-on-year to 212,409 units across all segments.

The government forewent over VND8.2 trillion (US$355.45 million) in customs revenue between January and October as a result of Vietnam's commitments to free trade agreements.

While FTAs are beneficial to Vietnamese enterprises, only foreign-invested firms so far are able to take full advantage of these trade deals, stated a senior government official.

Vietnam's trade turnover is likely to reach US$439.82 billion in the January – October period, a slight increase from the US$428.63 billion in the same period last year.

Trade revenue continued to set a new record high in September and reached over US$50-billion mark for the second consecutive month since the beginning of the year.