Vietnam’s trade surplus hits US$1.59 billion in Jan-Jun
The FDI sector recorded trade surplus of US$15.04 billion during the January – June period, contributing significantly to Vietnam’s surplus of US$1.59 billion in the same period.
Vietnam posted trade surplus of US$1.93 billion in June, expanding the figure to US$1.59 billion for the January-June period, according to the General Department of Vietnam Customs (GDVC). During the period, Vietnam’s trade turnover totaled US$243.48 billion, up 8% or US$18.1 billion year-on-year. Exports increased 9.2% to of US$122.53 billion and imports were up 8.9% to US$120.94 billion.
Among economic sectors, the FDI recorded the largest trade value of US$153.87 billion in six months, up 6% year-on-year. The sector's exports rose 5.5% year-on-year to US$84.45 billion, while imports were up 6.5% to reach US$69.41 billion.
This resulted in a trade surplus of US$15.04 billion fetched by the sector during the January – June period.
The country's main export staples included computers and electronic devices worth US$15.52 billion, up 14.1% year-on-year; textile and garment worth US$15.09 billion, up 10.3%; phones and parts worth US$23.5 billion, up 3.9%; agricultural products with US$8.4 billion, down 10.2%; machinery and equipment with US$8.23 billion, up 6.5%, among others.
The US remained Vietnam’s largest export market during the period with US$27.5 billion, followed by the EU with US$20.5 billion and China with US$16.7 billion.
Meanwhile, China claimed the top spot among Vietnam’s import markets with US$35.7 billion, South Korea ranked second with US$22.5 billion and ASEAN in the third with US$16 billion.
08:41, 2025/01/11
Vietnam-Laos Industrial Park: New direction to strengthen bilateral ties
Numerous Vietnamese projects in various sectors have effectively contributed to Laos' development, creating jobs and improving the livelihoods of tens of thousands of local workers.
22:19, 2025/01/09
Hanoi's foreign trade turnover hits US$60.1bn in 2024
The city will continue to support businesses in exploring new markets, capitalizing on the Free Trade Agreement of which Vietnam is a member.
11:46, 2025/01/09
Vietnam confident of achieving 8% growth rate in 2025
Key drivers of Vietnam’s growth include institutional reforms and decentralized governance.
14:34, 2024/12/26
UK’s accession to CPTPP to benefit Vietnam’s exports in 2025
Vietnam, in particular, will gain further access to a high-quality market, complementing its connections with Japan, Canada, and Australia.
16:41, 2024/12/16
Hanoi seeks greater efficiency in e-commerce tax management
Hanoi's e-commerce tax administration is expected to be significantly tightened in the near future.
17:34, 2024/12/15
Hanoi's wet markets in decline amid changing consumer behaviors
Local consumers prefer shopping options that offer convenience and assurance of product origin.