Nation sees export surge in five months
Vietnam’s exports reached 49.9 billion USD in the first five months
of this year, a rise of 15.1 percent over the same period last year,
the General Statistics Office has reported.
Vietnam’s exports reached 49.9 billion USD in the first five months
of this year, a rise of 15.1 percent over the same period last year,
the General Statistics Office has reported.
In May alone, the figure was 10.8 billion USD, up 7.6 percent month-on-month and 11.8 percent compared to that of a year ago.
In the five-month period, State-owned businesses saw a 2.1 percent export growth, while FDI firms enjoyed a 23.3 percent surge in exports, including crude oil.
Meanwhile, Vietnam imported 12 billion USD worth of goods in May, up 9.4 percent compared to April’s figure and 16 percent year-on-year. It brought the country’s five-month total imports to 51.9 billion USD, representing a sharp year-on-year increase of 16.8 percent.
Trade deficit was estimated at 1.2 billion USD in May and 1.9 billion USD in the Jan-May period, equivalent to 11.1 percent and 3.9 percent of the country’s total exports respectively.-VNA
In May alone, the figure was 10.8 billion USD, up 7.6 percent month-on-month and 11.8 percent compared to that of a year ago.
In the five-month period, State-owned businesses saw a 2.1 percent export growth, while FDI firms enjoyed a 23.3 percent surge in exports, including crude oil.
Meanwhile, Vietnam imported 12 billion USD worth of goods in May, up 9.4 percent compared to April’s figure and 16 percent year-on-year. It brought the country’s five-month total imports to 51.9 billion USD, representing a sharp year-on-year increase of 16.8 percent.
Trade deficit was estimated at 1.2 billion USD in May and 1.9 billion USD in the Jan-May period, equivalent to 11.1 percent and 3.9 percent of the country’s total exports respectively.-VNA
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