Vietnam’s trade turnover tops US$100-billion mark in Q1
The FDI’s exports year to March 15 reached US$32.76 billion, up 2.7% year-on-year, accounting for 69.6% of Vietnam’s total exports.
Vietnam’s trade turnover reached the US$100-billion mark year to March 19, according to the General Department of Vietnam Customs (GDVC).
Illustrative photo.
|
This resulted in a trade surplus of US$0.61 billion in the first half of March, helping the country record an accumulated trade surplus of US$0.5 billion year to March 15.
In the first half of March, Vietnam’s exports reached US$10.95 billion, up 13.6% against the last 15 days of February. By the end of March 15, total exports climbed 5.4% year-on-year or US$2.4 billion to US$47.05 billion.
Meanwhile, Vietnam imported goods worth US$10.34 billion in the first half of March, up 24.5% or US$2.03 billion compared to the last 15 days of February. By the end of March 15, total imports were US$46.55 billion, up 7.3% or US$3.16 billion year-on-year.
During the first fortnight of March, the FDI sector posted trade turnover of US$13.84 billion, up 16.6% or US$1.97 billion compared to the last 15 days of February.
As of March 15, the FDI sector recorded trade turnover of US$59.98 billion, up 3.6% year-on-year or US$2.09 billion, and a trade surplus of US$1.8 billion in the first 15 days of March and US$5.54 billion year to March 15.
Notably, the FDI’s exports as of March 15 reached US$32.76 billion, up 2.7% year-on-year, accounting for 69.6% of Vietnam’s total exports, while imports were US$27.22 billion, up 4.7% year-on-year and accounting for 58.5% of the country's total imports.
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.