CATEGORIES

© Copyright 2004; Hanoitimes - Economic and Urban Newspaper;

The tribune of Hanoi People’s Committee

Publication Permit: 29/GP-CBC

Editor - in - Chief: Nguyen Thanh Loi

Managing Editor: Ta Thu Giang

Email : thugiang@hanoitimes.vn

Head Office: 21 Huynh Thuc Khang Street, Dong Da District, Hanoi

Branch Office: 221 Tran Phu Street, Ha Dong District, Hanoi

WORDS ON THE STREET 70th anniversary of Hanoi's Liberation Day Vietnam - Asia 2023 Smart City Summit Hanoi celebrates 15 years of administrative boundary adjustment 12th Vietnam-France decentrialized cooperation conference 31st Sea Games - Vietnam 2021 Covid-19 Pandemic
Home / Economy / Trade - Service
Vietnam’s trade surplus triples in 2018
Ngoc Thuy 05:57, 2019/01/15
The export turnover of the FDI sector in 2018 climbed 12.4% year-on-year or US$18.98 billion to US$171.53 billion, accounting for 70.4% of Vietnam’s total exports.
Vietnam reported a trade surplus of US$6.8 billion in 2018, up 3.2 times the figure recorded in 2017, according to the General Department of Vietnam Customs (GDVC). 
 
Data: GDVC. Graphic: Ngoc Thuy.
Data: GDVC. Graphic: Ngoc Thuy.
As of the end of 2018, Vietnam’s exports amounted to US$243.48 billion, up 13.2% year-on-year or US$28.36 billion, while imports were posted at US$236.69 billion, up 11.1% or US$23.68 billion. 

In 2018, Vietnam’s trade turnover reached US$480.17 billion, up 12.2% year-on-year or US$52.05 billion.

The total export-import value of the foreign invested companies stood at US$313.21 billion, up 11.7% year-on-year or US$32.83 billion, and domestic sector attained a turnover of US$166.96 billion, up 13% or US$19.22 billion. 

The export turnover of the FDI sector in 2018 climbed 12.4% year-on-year or US$18.98 billion to US$171.53 billion, accounting for 70.4% of Vietnam’s total exports. Meanwhile, the sector imported goods worth US$141.68 billion, up 10.8% or US$13.84 billion, accounting for 59.9% of the country’s imports. 
Comments
Other news
21:45, 2025/01/15
Hanoi seeks 5% export growth in 2025
The city’s total import-export turnover reached US$60.1 billion in 2024, up 11% year-on-year.
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.