Trade surplus reaches 2.18 billion USD

The country's trade volume of US$38.4 billion rose by 2.2% in October over September. Exports edged up by 4.9% month-on-month to US$20.29 billion while imports inched down by 0.7% to US$18.11 billion.

Mobile phones and components remained the biggest export earner with US$5.26 billion in October, growing 8.4% over the previous month. Vietnam enjoyed a trade surplus of US$2.56 billion in the first ten months of the year, an impressive result as Vietnam faced monthly trade deficits in the first half of this year, leading to a trade deficit of nearly US$3 billion at the end of June.The country is expected to continue experiencing a trade surplus for the rest of the year.