Vietnam ran a trade surplus of US$4.07 billion in the first quarter this year, with $79.17 billion in export revenue and $75.1 billion in imports, down 11.9 percent and 14.7 percent annually, respectively, reported the GSO on March 29.
The Ministry of Industry and Trade (MoIT) is taking measures to promote the negotiations of a free trade agreement (FTA) with the Southern Common Market, which is expected to be a driving force for Vietnam to tap the Latin American market.
According to the General Department of Vietnam Customs, in the first two months of this year, import and export turnover decreased, but the trade balance still had a trade surplus and increased many times compared to 2022.
Prime Minister on February 2 asked the Government, ministries, agencies and localities to boost production and trade, deal with difficulties to be faced by businesses and people this month to achieve rapid and sustainable socio-economic development.
Despite decreases in both imports and exports, the country still enjoyed a trade surplus of US$3.6 billion in the first month of 2023, according to the General Statistics Office (GSO).
Vietnam’s import-export turnover in December is estimated at US$58.82 billion, up 2.7 percent over the previous month, pushing the total in the whole year to $732.5 billion, a year-on-year rise of 9.5 percent, with a trade surplus of $11.2 billion.
Vietnam posted a trade surplus of US$9.4 billion in the first 10 months of 2022, compared to US$630 million in the same period last year, according the General Statistics Office (GSO).
Despite the changes in the world situation, Vietnam has made positive recovery in business and production activities, stabilized macro-economy, controlled inflation, and ensured major economic balances, according to a report by the Ministry of Planning and Investment (MPI) delivered at the Government regular meeting on September 6.
Vietnam’s export revenue in 2022 is expected to reach about US$368 billion, a year-on-year rise of 9.46 percent, according to a report by the Ministry of Industry and Trade (MoIT).
The consumer price index (CPI) in August was up 0.005 percent compared to July. August recorded an estimated trade surplus of US$2.42 billion, said the General Statistics Office this morning.
Vietnam enjoyed a trade surplus of US$710 million in the first half of 2022, with export-import revenue hitting US$371.17 billion, up 16.4% against the same period last year.
Vietnam’s import-export turnover during the first five months of this year reached US$305.1 billion, a year-on-year increase of 15.6 percent, according to a report released on May 29 from the General Statistics Office of Vietnam (GSO).
Vietnam recorded a trade surplus of US$ 2.53 billion in the first four months of this year, doubling that of the same period last year, indicating continued recovery.
The office of the Ministry of Agriculture and Rural Development (MARD), on May 4, informed that the total import and export turnover of agro-forestry-fishery products was estimated at US$31.8 billion, up 7 percent compared to the first four months of 2021. Of which, Vietnam saw a surplus of nearly $4 billion, 3.2 times higher than the same period last year.
The Ministry of Agriculture and Rural Development yesterday had a report of results on import and export activities of agricultural, forestry, and fishery products in the first three months of 2022.
Vietnam’s agro-forestry-aquatic product export and import turnover was estimated at US$22.6 billion in the first quarter of this year, up 6.3 percent compared to the same period last year, according to the Ministry of Agriculture and Rural Development (MARD).
