Official: Vietnam could achieve trade balance this year

Official: Vietnam could achieve trade balance this year

Vietnam could achieve trade balance, or even a trade surplus this year, deputy head of the Ministry of Industry and Trade’s Agency of Foreign Trade Tran Thanh Hai told a regular press conference of the ministry in Hanoi on September 30.
EVFTA fuels Vietnam’s imports from EU

EVFTA fuels Vietnam’s imports from EU

Since the EU - Vietnam Free Trade Agreement (EVFTA) took effect, the country’s imports from the EU have been rising sharply, with many commodities posting import value of billions of US dollars.
Trade surplus reaches US$2.14 billion in Q1

Trade surplus reaches US$2.14 billion in Q1

The General Department of Vietnam Customs, on the afternoon of March 29, said that in March, the total imports and exports of Vietnam were estimated at US$55.5 billion, up 35.9 percent from the previous month. 
Forest product exports post trade surplus of US$3.23 billion in Q1

Forest product exports post trade surplus of US$3.23 billion in Q1

According to a report on the results of afforestation and the export turnover of wood and forest products in the first three months of this year sent to the press by the Vietnam Administration of Forestry (VNFOREST) on March 29, Vietnamese wood products continued to see a trade surplus right from the first months of the year, with over US$3 billion.
Trade surplus at US$1.29 billion in first two months

Trade surplus at US$1.29 billion in first two months

The General Statistics Office of Vietnam on February 28 informed that in the first two months of this year, the total import and export turnover was estimated at US$95.81 billion, up 24.5 percent year-on-year. Of which, exports hit $48.55 billion, up 23 percent, and imports reached $47.26 billion, up nearly 26 percent. The trade surplus in the first two months was estimated at $1.29 billion.
A wood factory processing wooden products for export to the EU in Binh Dinh Province. (Photo: SGGP)

Forest, wooden products post record-high trade surplus

Mr. Nguyen Quoc Tri, Head of the Vietnam Administration of Forestry, said at a press conference held on January 27 that the total export turnover of wood and wooden products of the country hit US$13.22 billion last year.
Export turnover of many agricultural products exceeds US$2 billion

Export turnover of many agricultural products exceeds US$2 billion

The Office of the Ministry of Agriculture and Rural Development on December 7 said that the export turnover of agricultural, forestry, and aquatic products in the first 11 months reached US$37.42 billion, up 2.4 percent over the same period last year, and the trade surplus hit nearly $9.36 billion, up 10.9 percent.
Vietnam sees trade surplus at US$17 billion

Vietnam sees trade surplus at US$17 billion

According to the General Department of Vietnam Customs, the total import-export value of Vietnam in September was estimated at US$51.5 billion, up 2.1 percent over the previous month.