FDI enterprises records US$321 billion in trade
Vietnam always creates favorable conditions for foreign investors | |
China leads in number of FDI projects in Vietnam in seven months | |
China leads in number of FDI projects in Vietnam in seven months |
Chart: T.Binh. |
According to the latest data from the General Department of Customs, in the first period of August (August 1-15, 2024), the export turnover of FDI enterprises reached US$12.14 billion, down 15.5% or US$2.23 billion compared to the second period of July 2024.
From the beginning of the year to August 15, 2024, the total export turnover of FDI enterprises rose 14.2% or US$21.79 billion over the same period last year to US$175.36 billion, accounting for 72% of the total export turnover of the whole country.
Meanwhile, imports by FDI enterprises in the first period of August decreased 6.7% or US$745 million compared to the second period of July 2024 to US$10.33 billion.
Thus, from the beginning of the year to August 15, 2024, the total import turnover of FDI enterprises increased 16.8% or US$20.94 billion year-on-year to US$145.68 billion, accounting for 63.6% of the country’s total import turnover.
As of August 15, FDI enterprises recorded US$321.04 billion in trade, an increase of 15.4% (or US$42.73 billion) year-on-year, accounting for 67.8% of the country’s trade turnover.
FDI enterprises are present in most of the country’s key import-export groups, especially groups worth tens of billions of dollars such as: computers, electronic products and components; phones and components; machinery, equipment, tools, spare parts, etc.
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