Vietnam enjoys 2.8 billion USD trade surplus

by VTV430 November 2017 Last updated at 23:47 PM

VTV.vn - Though many economists were concerned about Vietnam's trade deficit earlier this year, the trade balance in recent months has reversed spectacularly, with trade surplus of 2.8 billion US dollars.

According to the Ministry of Industry and Trade, this is the first time Vietnam's export turnover may reach over 210 billion US dollars and the export growth rate may be three times the target, which is set at 7-8%.

Major export products still play an important role in the rapid growth of export turnover. In particular, phones and components are estimated to reach 41.3%, up 30.6% over the same period. China remains the largest importer of Vietnam, with turnover of 52.1 billion US dollars.

Tags:

Top VND Exchange Rates

Auto-refesh 15m

USD

EUR

AUD
1 VND
Inverse:
0.00004
22,510.0
0.00004
25,226.0
0.00006
15,674.0

Mid-market rates: 2017-12-13 04:32 UTC

WEATHER FORECAST

Today - Wednesday Dec, 13
Scattered Showers
15/18
Thursday Dec, 14
Showers
16/18
Friday Dec, 15
Cloudy
17/20
Saturday Dec, 16
Scattered Showers
15/18
Sunday Dec, 17
Partly Cloudy
12/17
Monday Dec, 18
Mostly Sunny
10/17
Tuesday Dec, 19
Sunny
11/19
Wednesday Dec, 20
Sunny
11/20
Thursday Dec, 21
Mostly Sunny
10/18
Friday Dec, 22
Partly Cloudy
11/19