Trade surplus at 20.19 billion USD in first eight months

Trade surplus at 20.19 billion USD in first eight months

Vietnam’s total import-export turnover of goods hit 435.23 billion USD in the first eight months of this year, with the country posting a trade surplus of 20.19 billion USD.
Trade and investment scenarios for Vietnam

Trade and investment scenarios for Vietnam

Vietnam’s import-export turnover reached $732 billion in 2022, up 10 per cent from 2021, and making it the first year to surpass $700 billion. This is attributed to the signing of new-generation free trade agreements and the more favourable policies on foreign investment, among others.
Vietnam's global import-export ranking can be improved

Vietnam's global import-export ranking can be improved

According to the General Department of Customs, Vietnam's import and export turnover reached 700 billion USD (As of mid-December 2022). It is notable that Vietnam surpassed developed countries in the region to rank second in ASEAN.
Import-export expanding via surplus

Import-export expanding via surplus

A large 9-month trade surplus has reflected an expansion of both exports and imports, with involved products mostly being for industrial development.