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Vietnam records nearly 5.6 billion USD in trade surplus

Updated: 15:36, 25/09/2018
The trade surplus of Vietnam this year hit 5.57 billion USD as of September 15, according to the General Department of Vietnam Customs.

During the period, the total foreign trade value came to about 331.57 billion USD, up 14 percent year on year.

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Illustrative image (Source: VNA).

The country shipped overseas 168.57 billion USD worth of goods while spending 163 billion USD on imports. The figures represented annual increases of 16.3 and 11.7 percent year on year respectively.

Export revenues of the foreign-invested sector reached 118.81 billion USD, increasing 16.4 percent against the same period in 2017 and accounting for 70.5 percent of the country’s total export value.

Meanwhile, their import spendings were at 97.63 billion USD or 59.9 percent of Vietnam’s total imports. The figure was 11.8 percent higher than that of the same period last year.

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Vietnam registered a trade surplus of US$3.1 billion in the first seven months of 2018, according to the General Statistics Office (GSO).
 

Source: VNA

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