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Vietnam posts $100 billion in trade turnover

Mar 26. 2019
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By VIET NAM NEWS
ASIA NEWS NETWORK
HANOI

VIETNAM’S total trade turnover reached US$100 billion (Bt3.1 trillion) between the start of the year and March 19, according to the General Department of Vietnam Customs.

Recently released statistics show the country had a trade turnover of $21.3 billion during the first half of March, up 18.6 per cent against the second half of February.

This result helped to bring the country’s total trade turnover to $93.6 billion by March 15, edging up to $100 billion by March 19 – a surge of 6.3 per cent on year.

The total value of exported goods was $10.95 billion during the first half of March, an increase of 13.6 per cent compared to the second half of February.

A number of export products recorded strong rises in value during the March 1-15 period compared to the second half of February, including telephones and components (up 15.7 per cent), garments and textiles (27.2 per cent), computers, electronic items and components (17.3 per cent), wood and wooden products (39.2 per cent) and means of transport and spare parts (27.4 per cent).

These figures lifted the country’s total turnover of exports to $47.05 billion by March 15, up 5.4 per cent compared to the same period in 2018.

In the first half of March, Vietnam imported $10.34 billion worth of goods, up 24.5 per cent against the second half of February. 

By March 15, the total import value for the year reached $46.55 billion, a year-on-year increase of 7.3 per cent.

Export value of foreign direct investment enterprises from March 1 to 15 reached $7.82 billion, up 12.7 per cent against the second half of February.

 

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