Legal News
Import-exports surpass $200b in H1

27 - 06 - 2018
VNS

Viet Nam’s total import and export turnover this year reached an estimated US$204.72 billion by June 15, up 13.2 per cent over the same period last year, the General Department of Customs reported.

Since the beginning of the year, Viet Nam has achieved an estimated trade surplus of $2.86 billion.

Total export value reached $103.79 billion as of June 15, an increase of 16.6 per cent, equivalent to an increase of $14.81 billion over the same period last year.

Total import value reached $100.93 billion, up 9.8 per cent, equivalent to an increase of $9.05 billion over the same period last year.

The total value of turnover in the first half of June was $9.51 billion, down 14.4 per cent compared with the last 15 days of May due to fluctuations in certain categories.

Exports of phones and components fell by $283 million; machinery, equipment and spare parts dropped by $233 million, and exports of vehicles and spare parts decreased by $127 million.

The value of import turnover in the first half of this month was $9.48 billion, decreasing 10.8 per cent (equivalent to $1.15 billion) compared with the last 15 days of May.

Compared to the second half of May, imports in the first half of June declined across major categories.

Imports of computers, electronic products and components fell $524 million; machinery, equipment and spare parts dropped $99 million, and pharmaceuticals decreased $96 million.

Related News

New policies effective from July 2018

Vietnam should reform amidst strong growth, says IMF

Vietnam to increase foreign ownership limit to 49 per cent at domestic airlines

Foreign e-comerce firms accept losses in VN

Policies encourage renewable energy development



Contact Us | Legal Notice | Site Map | © 2006 – 2018 Indochine Counsel. All Rights Reserved.