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.