According to the General Department of Customs, in the period, the country earned 201 billion USD from exports, while spending 202 billion USD on buying goods from abroad.

Vietnam’s total import-export value topping 403 billion USD as of July 15.

The trade turnover in 2022 is forecast to exceed 700 billion USD, of which exports will approach the 400 billion USD mark.

The Ministry of Industry and Trade said that, in order to achieve the export growth target of 8% this year and maintain the trade surplus of the previous years, the ministry is stepping up support for businesses in market information and export promotion by taking advantage of commitments in signed free trade agreements (FTAs) and through joining global value chains to find new markets; and at the same time encouraging them to create new products.

It has also guided localities to build and develop brands for strong products, and well handle the issue of traceability to ensure the quality of goods to meet export standards of other countries.

US – leading important partner of Vietnam: FM

Vietnam considers the US a leading important partner and stands ready to work together with the country to deepen the bilateral comprehensive partnership in an effective and practical manner, on the basis of respect for independence, sovereignty, territorial integrity and political institutions of each other, Vietnamese Minister of Foreign Affairs Bui Thanh Son has affirmed.

Five month import-export turnover up 15.6 percent

Vietnam’s import-export turnover during the first five months of this year reached 305.1 billion USD, a year-on-year increase of 15.6 percent, according to a report released on May 29 from the General Statistics Office of Vietnam (GSO).

Customs sub-department in charge of Bac Giang industrial zones accompanies import-export enterprises

(BGO)- The Customs Sub-department in charge of industrial zones in Bac Giang province was established in November 28, 2005 under the Customs Department of Lang Son province then becoming a part of Bac Ninh Customs Department since July 1, 2012. 

People-to-people diplomacy important to Vietnam-Laos relations: NA Chairman

National Assembly Chairman Vuong Dinh Hue commended the Laos-Vietnam Friendship Association for its contributions to the friendship and special solidarity between the two countries, during a reception for its President Boviengkham Vongdara in Vientiane on May 17.

President emphasises importance of preserving ethnic minorities’ cultural traditions

President Nguyen Xuan Phuc on April 19 received a delegation of 92 outstanding patriarchs and heads of villages and artisans of ethnic minority groups, who have made great contributions to the preservation and promotion of the groups’ cultural traditions.

Source: VNA