Why is Vietnam

Why is Vietnam's trade surplus 11 times higher than in the same period in 7 months?

VCN - In July, Vietnam continued to have a trade surplus of about 2.15 billion USD, bringing the total trade surplus in 7 months of 2023 to 15.23 billion USD, 11 times higher than that year on year (a trade surplus of 1.34 billion USD).
Trade surplus reaches 12.25 billion USD in H1

Trade surplus reaches 12.25 billion USD in H1

Vietnam recorded a trade surplus of about 12.25 billion USD in the first half of this year, according to data released by the General Statistics Office of Vietnam (GSO) on June 29.
FDI sector posts over 14 billion USD in four-month trade surplus

FDI sector posts over 14 billion USD in four-month trade surplus

Despite an overall export decline due to the shortage of orders, foreign direct invested (FDI) businesses still posted more than 14 billion USD in trade surplus in the first four months, further affirming their role as the main growth driver of the economy.
Special preferential import tariff for the implementation of ACFTA: The average tax rate for the period 2023 - 2027 is about 3.05%

Special preferential import tariff for the implementation of ACFTA: The average tax rate for the period 2023 - 2027 is about 3.05%

VCN - Agreement on Trade in Goods under the Framework Agreement on Comprehensive Economic Cooperation between ASEAN and China (hereinafter referred to as the ACFTA Agreement for short), signed on November 29, 2004, in Laos and a Memorandum of Understandin
Import and export turnover in major markets plunges

Import and export turnover in major markets plunges

VCN - Imported cars are the commodity group that still saw a breakthrough. In the first half of the year, the whole country imported 7,285 cars with a total turnover of US$ 161.43 million.
Binh Duong: Exports have many positive signs

Binh Duong: Exports have many positive signs

In the midst of difficulties, there are good signs appearing when the trade balance of goods in January 2023 of Binh Duong was estimated to have a trade surplus of US $768 million.
Vietnam enjoys trade surplus of over 2.8 billion USD in two months

Vietnam enjoys trade surplus of over 2.8 billion USD in two months

Total import-export revenue in the first two months of this year is estimated at 96.06 billion USD, down 13.2% year on year, with a trade surplus of 2.82 billion USD, reported the General Statistics Office (GSO).
Vietnam sees trade surplus of US$3.6 billion in January

Vietnam sees trade surplus of US$3.6 billion in January

VCN - In January, Vietnam's import and export turnover decreased by 17.3% month-on-month and 25% year-on-year.
Vietnam posts trade surplus of 3.6 billion USD in January

Vietnam posts trade surplus of 3.6 billion USD in January

Despite decreases in both imports and exports, the country still enjoyed a trade surplus of 3.6 billion USD in the first month of 2023, according to the General Statistics Office (GSO).
Trade surplus increases, agriculture shines

Trade surplus increases, agriculture shines

Vietnam enjoyed a trade surplus of nearly 11 billion USD in the first 11 months of 2022, of which the agricultural sector contributed significantly with 7.82 billion USD.
Reaching US $ 700 billion, Vietnam

Reaching US $ 700 billion, Vietnam's import and export surpassed Thailand and Indonesia, ranking 2nd in ASEAN

Vietnam's import and export turnover reached US$700 billion (December 15). It is notable that Vietnam surpassed developed countries in the region to rank second in ASEAN.
The Customs sector collects more than VND360 trillion for the state budget

The Customs sector collects more than VND360 trillion for the state budget

The result of revenue collection from the Customs sector increased positively in the first months of the year.
Vietnam likely to enjoy 10 billion USD trade surplus this year

Vietnam likely to enjoy 10 billion USD trade surplus this year

Vietnam is on track to see a trade surplus of 10 billion USD this year despite enduring global market uncertainties and fluctuations, Minister of Industry and Trade Nguyen Hong Dien reported at the ongoing fourth session of the 15th National Assembly last weekend.
Vietnam likely to yield US$10 trade surplus this year

Vietnam likely to yield US$10 trade surplus this year

Vietnam is likely to produce a trade surplus of US$10 billion this year despite enduring global market uncertainties and fluctuations, Minister of Trade and Industry Nguyen Hong Dien told the ongoing year-end session of the National Assembly.
Imports and exports reach US$526 billion increasing by US$70 billion over the same period

Imports and exports reach US$526 billion increasing by US$70 billion over the same period

The scale of export turnover of Vietnam is growing significantly and gradually moving to US$700 billion.
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