US remains Vietnam’s largest importer

TIN LIÊN QUAN
	More opportunities for poultry export to Japan
	Speaker of Australian House of Representatives to visit Vietnam

From the beginning of this year to July 15, Vietnam’s total export revenue neared 122.5 billion USD while its imports hit roughly 120 billion USD, resulting in a surplus of 2.5 billion USD, reported the General Department of Vietnam Customs.

Illustrative image. (Photo: VNA)

Earlier in June, the country ran a surplus of about 870 million USD, bringing the six-month figure to a record 3.37 billion USD in the recent five years.

High trade surplus is considered a condition to stabilising macro-economy and foreign exchange rate, as well as ensuring foreign reserves.

According to the Ministry of Industry and Trade, domestic businesses reported a 19.9 percent rise in exports by shipping 33.07 billion USD worth of goods abroad in the first half of this year. Meanwhile, foreign-invested enterprises earned 80.86 billion USD from exports, up 14.5 percent from the corresponding period last year.

Vietnam exports goods to 200 countries and territories over the world, with 27 markets reaching an export turnover of over 1 billion USD, and the top 10 largest global markets accounting for 88 percent of the country’s export turnover.

The ministry forecast this year’s exports at 236.6 billion USD, up 10 percent against 2017.

Vietnam’s exports witness motivation for greater growth Vietnam will see great momentum for stronger export growth in the second half of 2018, with its export-import turnover estimated to reach the 500 billion ...

Great future for cooperation between Vietnam and Germany The potential for economic and commercial cooperation between the two countries remains great and will continue to develop strongly in the future.

Vietnam desires to promote comprehensive partnership with US Vietnam attaches great importance to and expects the Vietnam-US comprehensive partnership to continue to further grow in a stable, extensive and effective manner, said Deputy ...