Preliminary assessment of Vietnam international merchandise trade performance in the first 8 months of 2019

Preliminary assessment of Vietnam international merchandise trade performance in the first 8 months of 2019

Highlights 1. According to trade statistics of Vietnam Customs, in August 2019, a 5.3% upturns in total external merchandise turnover of Vietnam was recorded on a month-on-month basis. Exports went up 12.6 %, to USD 25.89 billion and imports shrunk 2.1%, to USD 22.45 billion as compared to the result of July 2019. As a result, there was a USD 3.44 billion surplus in Vietnam’s trade balance in this month.
Preliminary assessment of Vietnam international merchandise trade performance in the second half of July, 2019

Preliminary assessment of Vietnam international merchandise trade performance in the second half of July, 2019

The Vietnam Customs Statistics announced that in the second half of July, 2019 the total Vietnam’s exports of US dollars 12.42 billion and imports of nearly US dollars 11.61 billion resulted in a trade surplus of US dollars 809 million. Accordingly, the total value of export and import turnover of Vietnam in the second half of July was US dollars 24.03 billion, up by 10.8% as compared to the first half of July-2019.   
Preliminary assessment of Vietnam international merchandise trade performance in the first half of 2019

Preliminary assessment of Vietnam international merchandise trade performance in the first half of 2019

Highlights 1.  According to trade statistics of Vietnam Customs, in June 2019, a 9.3% downturns in total external merchandise turnover of Vietnam was recorded on a month-on-month basis. Exports went down 2.2 %, to USD 21.43 billion and imports decreased 15.9%, to USD 19.49 billion as compared to the result of May 2019. As a result, there was a USD 1.93 billion surplus in Vietnam’s trade balance in this month.  
Preliminary assessment of Vietnam international merchandise trade performance in the first half of July, 2019

Preliminary assessment of Vietnam international merchandise trade performance in the first half of July, 2019

The Vietnam Customs Statistics announced that in the first half (01-15/7/2019) of July-2019 , Vietnam’s total exports of US dollars 10.5 billion and imports of US dollars 11.18 billion resulted in a trade deficit of nearly US dollars 678 million. Accordingly, the total value of export and import turnover of Vietnam in the first half of July was US dollars 21.69 billion, up by 3.4% as compared to the second half of June-2019.
Preliminary assessment of Vietnam international merchandise trade performance in the first 4 months of 2019

Preliminary assessment of Vietnam international merchandise trade performance in the first 4 months of 2019

​Highlights 1. According to trade statistics of Vietnam Customs, in March 2019, a 5.7% downturns in total external merchandise turnover of Vietnam was recorded on a month-on-month basis. Exports shrunk 10.3 %, to USD 20.44 billion and imports went down 0.8%, to USD 20.99 billion as compared to the result of March 2019. As a result, there was a USD 555 million deficit in Vietnam’s trade balance in this month.
Preliminary assessment of Vietnam international merchandise trade performance in the first quarter of 2019

Preliminary assessment of Vietnam international merchandise trade performance in the first quarter of 2019

Highlights 1. According to trade statistics of Vietnam Customs, in March 2019, a 53.7% upwards in total external merchandise turnover of Vietnam was recorded on a month-on-month basis. Exports jumped 63.8 %, to USD 22.78 billion and imports remarkably went up 44.2%, to USD 21.15 billion as compared to the result of February 2019. As a result, there was a USD 1.63 billion surplus in Vietnam’s trade balance in this month.
Control of public duty performance of Customs officer at all levels: Strict prevention and handle

Control of public duty performance of Customs officer at all levels: Strict prevention and handle

VCN-The control of public duty performance of Customs officers at all levels is the key task for the Customs authorities.
Publicity and transparency in performance of "Super Commission" is the most important requirement

Publicity and transparency in performance of "Super Commission" is the most important requirement

VCN- Talking with Dr. Luu Bich Ho (pictured), former Director of Development Strategy Institute, Ministry of Planning and Investment on Commission for the Management of State Capital at Enterprises, (CMSC).
Vietnam Customs holds an online conference on work performance of the first quarter, 2017

Vietnam Customs holds an online conference on work performance of the first quarter, 2017

VCN - On the morning of April 03, 2017, the General Department of Customs held an online conference to summarize the work of the first quarter and deploy tasks for the second quarter of 2017 with 35 videoconferences at the local Customs departments.
Enhance the rules and disciplines to the whole Finance sector

Enhance the rules and disciplines to the whole Finance sector

The Minister of Finance requested officers and public officials of the Finance sector to respect and enthusiastically answer the questions of the citizens and enterprises in duties performance
Credit growth expected to reach 21.82% this year

Credit growth expected to reach 21.82% this year

Credit institutions expect credit growth this year to reach 21.82 per cent, according to the State Bank of Việt Nam’s Q4 survey.
Better performance forecast for banks in H2

Better performance forecast for banks in H2

Business performance at commercial banks is forecast to continue its upwards trend this quarter after making some improvements in the first half of the year
HCM City seeks better performance

HCM City seeks better performance

HCM City has plans to improve the city’s ranking in the Provincial Governance and Public Administration Performance Index (PAPI) and the Provincial Competitiveness Index (PCI) in the remaining months of the year.
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