Trade surplus tops $1 billion this year

The General Department of Vietnam Customs has reported the trade surplus of US$707 million in October and nearly $1.09 billion as of October 15 this year.
Workers making footwear products for export (Photo: SGGP)
Workers making footwear products for export (Photo: SGGP)
By mid October, total export import turnover exceeded $325.41 billion, a year on year increase of 20.9 percent.
Of these, export turnover neared $163.25 billion, up 20.2 percent. Foreign direct investment (FDI) firms got $115.72 billion, accounting for 70.6 percent of the country’s total export turnover and increasing 21.8 percent over the same period last year.
Import turnover topped $162.16 billion, hiking 21.7 percent. FDI firms reached $100.16 billion, increasing 27.6 percent and accounting for 61.8 percent of the country’s import turnover.

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