Phones and components lead in Vietnam export turnover in the first nine months of this year with a value of US 38 6 billion
South Korea is the second largest trade partner of Vietnam, but like China, Vietnam is suffering from a large trade deficit with the country.
The export turnover that shot up in the last 15 days of August has become the peak point of largest export turnover from the beginning of the year until now.
Compared to the same period in 2018, the trade balance between Vietnam and Australia suffered reversing trade when Vietnam changed status from trade surplus to trade deficit.
The export turnover of goods to countries that have signed free trade agreements (FTA) with the nation has seen strong growth in recent months.
Export turnover in July was quite balanced, however, the accumulating from the beginning of the year achieved trade surplus of over $1.7 billion.
Export growth in the first half of this year was only about half of the growth rate of the same period last year.
Vietnam’s export turnover of garment-textile and leather shoes during January-July grew 10.5 percent year-on-year to 18.34 billion USD, the Ministry of Industry and Trade (MoIT) said on August 9.
Phone exports to India is the commodity group with the largest turnover and impressive growth.
The total import and export value of Vietnam in the second half of June (from 16 to 31 June) reached US$20.96 billion, increasing by 5.5%
With export turnover of tuna to the Netherlands increasing by more than 60 percent, the Netherlands is the largest import market of Vietnam tuna in EU.
Bac Ninh Customs continues keep the leading position with the highest export turnover from the beginning of the year till the end of June 30, 2019.
China is a leading export market of enterprises in HCM City with export turnover of US$3,561.2 million, up 14.5 percent, in the first six months of 2019.
The General Department of Vietnam Customs has revealed that the total export turnover of the country reached US$101 billion by the end of May, up 7.1% over the same period ...
Although it was still a high rate, the turnover of imported cars under 9 seats in May was slightly reduced compared to the previous month.