Trade in goods in the second half of August increases over US$ 5 billion

VCN – The total trade in goods in the second half of August increased by 15.5% to US$ 38.02 billion compared to the first half of the month.
Trade in goods increases by over US$ 7 billion in second half of October Trade in goods increases by over US$ 7 billion in second half of October
Trade in goods in the first half of January  2024 reaches about US$ 30 billion Trade in goods in the first half of January 2024 reaches about US$ 30 billion
Trade in goods in the second half of August increases over US$ 5 billion
Import and export activities in Nam Dinh Vu Port, Hai Phong.

The positive results in the second half of August rose the total trade in goods of the whole country in the month to US$ 512.31 billion, up 17% year-on-year.

The export turnover in the second half of the year grew 22.5% year-on-year to US$ 20.73 billion. Commodity groups see sharp increase in export turnover such as computers, electronic products and components, up 24.4%; machinery, equipment, tools and spare parts up 29.9%; textiles and garments up 18.9%; phones and components up 11.8%; iron and steel of all kinds up 64.8%...

Vietnam's total export turnover in the first 8 months went up 15.9% to US$265.44 billion compared to the same period last year.

The import turnover in the second half of August rose 8.1% to US$17.29% compared to the first half.

Some items saw the import turnover such as corn up 362.8%; computers, electronic products and components up 3.1%; animal feed and raw materials up 82.8%; coal of all kinds up 39.5%...

However, data from the General Department of Vietnam Customs recorded some items with the decrease in the import turnover compared to the first half such as crude oil down 40%; petroleum products down 29.7%; soybeans down 63.8%; scrap iron and steel down 31%...

By the end of August, the country's total import turnover went up 18.1% to US$ 246.87 billion compared to the same period last year.

In the second half of August, the trade balance had a surplus of US$3.45 billion. In the first 8 months, the trade balance had a surplus of US$18.57 billion, down 6.7% compared to the surplus of US$19.9 billion in the same period last year.

By Thai Binh/Ngoc Loan

Related News

Ha Tinh Customs faces many difficulties in budget collection

Ha Tinh Customs faces many difficulties in budget collection

VCN - According to Ha Tinh Customs Department, from May 2024, due to the impact of market consumption, output products of many enterprises have been in stock, leading to enterprises having to cut down on the import of input materials. This has affected the unit's revenue.
Maximum effort for Customs headquarters project at Long Thanh airport

Maximum effort for Customs headquarters project at Long Thanh airport

VCN - The fact that Long Thanh International Airport project is accelerating its construction progress requires the implementation of the customs headquarters project here to be implemented more quickly to catch up with the airport's operational progress in early 2026. The General Department of Customs and its departments and bureaus are urgently implementing work contents to ensure the project to be completed in time with the airport's progress.

Latest News

Linkage - the "key" to sustainable development of agricultural value chains

Linkage - the "key" to sustainable development of agricultural value chains

VCN - Promoting sustainable and effective development of agricultural value chains is a core factor in restructuring Vietnam's agricultural sector and the key to optimize the value of Vietnam's agricultural exports.
Supporting industry enterprises: Learning standards, understanding opportunities

Supporting industry enterprises: Learning standards, understanding opportunities

VCN - Currently, many potential industries have "opened" opportunities for Vietnamese enterprises to enter, such as the semiconductor industry, supporting industries for the aviation sector. However, the higher the added value of the sector, the more it requires enterprises to meet international standards.
Vietnam’s distinctive agricultural exports to China exhibited in Hanoi

Vietnam’s distinctive agricultural exports to China exhibited in Hanoi

An exhibition showcasing Vietnam’s distinctive farm produce exported to China opened in Hanoi on October 13, featuring the participation of 16 local enterprises and introducing over 50 categories of high-quality products from across the three regions of the country.
100 most valuable Vietnamese brands on the limelight

100 most valuable Vietnamese brands on the limelight

This year’s Brand Finance Vietnam 100 Report was also released to provide a comprehensive picture of the valuations.

More News

Need to quickly act to catch up with the "green" trend

Need to quickly act to catch up with the "green" trend

VCN - With the movement from the global level to Vietnam's main markets, as well as the strong commitment of the Vietnamese Government, the trend of "compulsory green/sustainable transformation" has become clear to Vietnamese businesses instead of voluntary as before. However, the level of readiness of businesses is not high.
Businesses cooperate to develop advanced technology

Businesses cooperate to develop advanced technology

VCN- In order to foster development of the high-tech sector, one of factors is close cooperation between businesses to improve competitiveness and promote innovation.
Export target for 2024 set at US$400 billion

Export target for 2024 set at US$400 billion

VCN - Since the beginning of the year, Vietnam's export activities have continued to recover. It is forecasted that the total export turnover for the entire year may reach a historic milestone of US$400 billion.
Thai Binh intensifies cooperation with Russian localities

Thai Binh intensifies cooperation with Russian localities

A delegation from the northern province of Thai Binh, led by Chairman of the provincial People’s Council Nguyen Tien Thanh, on October 10 met with representatives of the Moscow Chamber of Commerce and Industry, along with several Russian businesses.
Ho Chi Minh City partners with nine provinces to boost import and export activities

Ho Chi Minh City partners with nine provinces to boost import and export activities

VCN - Ho Chi Minh City (HCMC) and nine provinces in the northern and north-central regions are cooperating in socio-economic development, leveraging each region's advantages and potential to boost import and export activities.
Vietnam

Vietnam's second rice brand enters picky Japanese market

Japonica - AAN has become the second Vietnamese rice brand to have entered Japan, with a ceremony held on October 9 to debut the produce.
Enterprises need to be ready to respond to trade defense

Enterprises need to be ready to respond to trade defense

VCN - According to the Department of Trade Defense, through the process of protecting the rights of Vietnamese manufacturing and exporting enterprises in each trade defense case, the outcome of the appeal depends largely on the quality of coordination between the parties involved.
Foreign investors interested in green development, semiconductor industry in Vietnam

Foreign investors interested in green development, semiconductor industry in Vietnam

Green, clean development and semiconductor chip production are among the sectors in Vietnam that foreign investors are interested in, according to VinaCapital CEO and Founding Partner Don Lam.
Vietnam’s stainless steel exports under dual investigation

Vietnam’s stainless steel exports under dual investigation

The US Department of Commerce (DOC) has initiated an anti-dumping and countervailing duty investigation into corrosion-resistant steel (CORE) imported from Vietnam, alongside nine other countries and territories.
Read More

Your care

Latest Most read
Linkage - the "key" to sustainable development of agricultural value chains

Linkage - the "key" to sustainable development of agricultural value chains

Promoting sustainable and effective development of agricultural value chains is a core factor in restructuring Vietnam's agricultural sector and the key to optimize the value of Vietnam's agricultural exports.
Supporting industry enterprises: Learning standards, understanding opportunities

Supporting industry enterprises: Learning standards, understanding opportunities

VCN - Currently, many potential industries have "opened" opportunities for Vietnamese enterprises to enter, such as the semiconductor industry, supporting industries for the aviation sector. However, the higher the added value of the sector, the more it r
Vietnam’s distinctive agricultural exports to China exhibited in Hanoi

Vietnam’s distinctive agricultural exports to China exhibited in Hanoi

An exhibition showcasing Vietnam’s distinctive farm produce exported to China opened in Hanoi on October 13, featuring the participation of 16 local enterprises and introducing over 50 categories of high-quality products from across the three regions of the country.
100 most valuable Vietnamese brands on the limelight

100 most valuable Vietnamese brands on the limelight

This year’s Brand Finance Vietnam 100 Report was also released to provide a comprehensive picture of the valuations.
Need to quickly act to catch up with the "green" trend

Need to quickly act to catch up with the "green" trend

VCN - With the movement from the global level to Vietnam's main markets, as well as the strong commitment of the Vietnamese Government, the trend of "compulsory green/sustainable transformation" has become clear to Vietnamese businesses instead of volunta
Mobile Version