Trade surplus reaches US$1.36 bil in Q1

The General Department of Vietnam Customs reported that total import-export turnover was valued at $76.17 billion, representing a year-on-year growth of 1.1% or $817 million. Total export turnover reached $38.77 billion, up 6.6% or $2.4 billion from the same period last year, while imports declined 4 percent to $37.4 billion. Foreign-invested businesses continued to dominate, accounting for 70.4 percent of exports and 60.1 percent of imports. The FDI sector enjoyed a trade surplus of $4.79 billion, while the domestic sector suffered a trade deficit of $6.15 billion./.