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Vietnam gains higher exports to Canada, Mexico partly due to CPTPP

Vietnam has taken full advantage of the CPTPP to gain strong growth in exports to Canada and Mexico, according to the Ministry of Industry and Trade (MoIT).

The path to $500 billion import/export turnover

Just within five years, from 2015 to 2019, Vietnam’s import/export turnover reached $2.106 trillion, which was higher than the total import/export turnover of the 15 years before.

Vietnam garment companies had tough year in 2019

After two years of hot development, Vietnam’s textile and garment industry could not fulfill the target of exporting $40 billion worth of products in 2019.

What will happen if Vietnam reduces tariffs on American farm imports?

The US has proposed to reduce the import tax on some of its agricultural products, including chicken, some fruits, wheat, potato, pork and dairy products.

VN forestry export expected to hit record $11.3 billion in 2019

The forestry sector expects to earn an estimated 11.3 billion USD from exports this year, a year-on-year rise of 20 percent, according to Deputy Minister of Agriculture and Rural Development Ha Cong Tuan.

More concern than joy


The foreign direct investment (FDI) sector remains the main driver for Vietnam’s achievement of the record high trade surplus in the first 10 months of this year.

Vietnam enjoys record trade value

Vietnam’s trade value this year was estimated to touch US$500 billion, two years after hitting the $400 billion threshold.

Vietnam posts record trade surplus of nearly US$11 billion

Vietnam enjoyed a trade surplus of close to US$11 billion during the first 11 months of the year, with roughly US$1.45 billion being recorded during November, according to the latest statistics released by the General Department of Vietnam Customs.

Vietnam likely to post trade surplus for fourth straight year

With a record trade surplus of 9.12 billion USD over the first 11 months and year-on-year export growth of 7.8 percent, experts believe that 2019 will be the fourth straight year Vietnam will post a trade surplus.

Vietnam's textile-garment industry expands 7.55 percent in 2019

Vietnam’s textile and garment industry is estimated to grow about 7.55 percent this year, according to President of the Vietnam Textile and Apprarel Association (VITAS) Vu Duc Giang.

What does a $9 billion trade surplus mean for Vietnam?

The $9 billion trade surplus helps improve the foreign currency supply and consolidate the current account, but the amount is not entirely praiseworthy in the context of trade war.

Vietnam’s economy stays positive amid global growth slowdown: PM

Vietnam’s economy remains positive despite the slowdown in global economic growth, especially in Asia, over the last 11 months, Prime Minister Nguyen Xuan Phuc said while chairing the Government’s regular meeting for November on December 2.

VN Government cautious when setting export growth target in 2020

Vietnam expects to see spectacular export growth rate in 2019 despite influences from the US-China trade war, but the government has decided to maintain the same export target for 2020.

Vietnam sees US$9 billion trade surplus in Jan-Oct

Vietnam earned a trade surplus of US$9.01 billion in the January-October period this year, the highest ever, up 23% year-on-year due to the strong export of phones, computers and textiles.

VN National Assembly wants trade not to run into deficit deeper than 3% of exports

Vietnam recorded a trade surplus in the past four years, but the National Assembly (NA), wary of uncertainties over global trade conflicts, has set the target of containing the country’s trade deficit versus its total export value below 3% for 2020.

Vietnam’s exports estimated at $217.05 billion in 10 months

Vietnam’s export revenue was estimated at 217.05 billion USD in the first 10 months of this year, up 7.4 percent annually, according to the Ministry of Industry and Trade.

Domestic firms outpace foreign invested peers in exports growth

Exports by domestic businesses have increased at a faster pace than that by foreign invested ones between January and October, according to the General Statistics Office (GSO).

Vietnam enjoys growing trade surplus of over US$6.8 billion

Vietnam recorded a trade surplus of over US$6.8 billion between the beginning of the year and October 15 with total import-export turnover reaching over US$403 billion, according to statistics released by the General Department of Vietnam Customs.

VN runs US$ 7.15 billion trade surplus in nine months

In the second half of September (from September 16 to September 30), Viet Nam’s export turnover hit US$ 24.07 billion, up 16.2% against the first half of September. 

Vietnam reports trade surplus of about $1.6 billion in H1

Vietnam gained a trade surplus of $1.59 billion in the first half of this year, according to the latest statistics from the General Department of Customs.