Foreign-invested firms post Jan-Feb trade surplus of $8.25 bln

Foreign-invested firms post Jan-Feb trade surplus of $8.25 bln

Foreign-invested enterprises (FIEs) in Vietnam posted a trade surplus of $8.25 billion in the first two months of the year, according to government data.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Don't rejoice too early at January’s big trade surplus: economist

Don't rejoice too early at January’s big trade surplus: economist

Vietnam should not consider its January trade surplus of $2.92 billion as a big achievement, but instead look at the sharp decrease in imports as a cause for concern, said Dr. Vo Tri Thanh, director of the Institute for Brand and Competitiveness Strategy.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam’s export turnover expected to grow 6% in 2024

Vietnam’s export turnover expected to grow 6% in 2024

Vietnam’s industry and trade sector has targeted an increase in export revenue of about 6% this year, with an expected trade surplus of $15 billion.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

FDI sector in Vietnam posts $50 bln trade surplus in 2023

FDI sector in Vietnam posts $50 bln trade surplus in 2023

Foreign-invested enterprises in Vietnam recorded a merchandise trade surplus of $49.74 billion in 2023, larger than $41.9 billion posted in 2022.

A year in review and 2024 forecasts - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam FTAs cover 60 economies, 90% of global GDP: minister

Vietnam FTAs cover 60 economies, 90% of global GDP: minister

Vietnam has 15 free trade agreements (FTAs) operational and one pending parliamentary approval, covering more than 60 economies and accounting for nearly 90% of global GDP, said a senior official.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam’s Jan-Oct trade surplus reaches nearly $25 bln

Vietnam’s Jan-Oct trade surplus reaches nearly $25 bln

Vietnam's total import and export turnover of goods reached nearly $558 billion in the first 10 months of 2023, down 9.6% over the same period last year, with an estimated trade surplus of $24.61 billion.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam’s Jan-Sep trade surplus triples to $21.6 bln: customs authorities

Vietnam’s Jan-Sep trade surplus triples to $21.6 bln: customs authorities

Vietnam posted a goods trade surplus of $21.64 billion in nine months through September, tripling the $6.9 billion recorded in the same period last year, customs data shows.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

FDI sector in Vietnam posts $18.56 bln trade surplus in Jan-May

FDI sector in Vietnam posts $18.56 bln trade surplus in Jan-May

Foreign-invested companies in Vietnam recorded a trade turnover of $183.4 billion, including crude oil, and a trade surplus of $18.56 billion in the first five months of the year.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

FDI sector in Vietnam records $10.84 bln trade surplus in Q1

FDI sector in Vietnam records $10.84 bln trade surplus in Q1

Foreign-invested companies in Vietnam recorded trade turnover of $108.98 billion, including crude oil, and trade surplus of $10.84 billion in the first quarter of this year, the General Statistics Office announced Wednesday.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

FDI sector in Vietnam records trade surplus of $6.5 bln in Jan-Feb

FDI sector in Vietnam records trade surplus of $6.5 bln in Jan-Feb

Foreign-invested companies in Vietnam doubled their trade surplus, including crude oil, to $6.51 billion in the first two months of this year, versus $3.02 billion in the same period of 2022.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam’s manufacturing, exports expand in February

Vietnam’s manufacturing, exports expand in February

Vietnam, a Southeast Asian production base for multinationals, achieved increases of 3.6% and 11% in industrial production and exports, respectively, in February from a year earlier, the General Statistics Office said Tuesday.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam trade turnover falls 17% to $46.56 bln in Jan

Vietnam trade turnover falls 17% to $46.56 bln in Jan

Vietnam’s total import and export turnover in January reached $46.56 billion, down 25% year-on-year and 17.3% from the previous month, partly due to fewer working hours given the Lunar New Year holiday.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam’s trade surplus with Americas exceeds $100 bln in 2022

Vietnam’s trade surplus with Americas exceeds $100 bln in 2022

Vietnam recorded a trade surplus of $102 billion with the Americas in 2022, exceeding the $100 billion milestone for the first time, said Deputy Minister of Industry and Trade Do Thang Hai.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Foreign firms in Vietnam record $41.9-bln trade surplus in 2022

Foreign firms in Vietnam record $41.9-bln trade surplus in 2022

Foreign-invested enterprises (FIEs) in Vietnam posted a trade surplus of $41.9 billion in 2022, while the country’s trade surplus reached $11.2 billion, according to the General Statistics Office.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam’s GDP growth hits 12-year high of 8.02%

Vietnam’s GDP growth hits 12-year high of 8.02%

Vietnam's economy expanded by 8.02% in 2022, much higher than the 2.58% recorded last year during the height of the pandemic, the General Statistics Office announced Thursday.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam posts trade surplus of $8 bln in 10 months

Vietnam posts trade surplus of $8 bln in 10 months

Vietnam recorded a trade turnover of $620 billion and a record-high trade surplus of $8 billion in the year to October 21, according to the Ministry of Industry and Trade.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnamese dong weakens less against US dollar than other currencies

Vietnamese dong weakens less against US dollar than other currencies

The Vietnamese dong has so far this year fallen about 4% against the U.S. dollar, according to the State Bank of Vietnam, but the depreciation is smaller than popular currencies worldwide.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam’s nine-month GDP growth highest in 12 years

Vietnam’s nine-month GDP growth highest in 12 years

Vietnam’s economic growth of 8.83% year-on-year in the first nine months is the highest recorded in 12 years.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam sees 8-month export value up 17.3%

Vietnam sees 8-month export value up 17.3%

Vietnam's export value during January-August reached $250.8 billion, up 17.3% year-on-year, with the U.S. as the largest buyer.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam secures $2.53 bln trade surplus in four months

Vietnam secures $2.53 bln trade surplus in four months

Vietnam reported a trade surplus of $2.53 billion in the first four months of the year, including $1.07 billion in April, according to the General Statistics Office.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7