Export-import activities were handled at 108 customs departments during Tet (Source: hanoimoi.com.vn) Hanoi (VNA) – Total export revenueduring the week-long Tet holiday, which lasted from February 14-20, reached 289million USD, up nearly 50 percent against the same period last year.
Meanwhile, import value during the Tet (Lunar New Year) holiday, the biggestfestival in the year of Vietnamese, was 604 million USD, a year-on-year rise of45.7 percent.
According to the General Department of Customs, the export-import activitieswere handled at 108 customs departments, with nearly 5,100 declaration formsregistered.
The agency said that only a nine-seat auto worth 16,500 USD was imported from Australiain the week.
Vietnam’s export turnover in January 2018 stood at 19 billion USD, a decreaseof 3.3 percent against December 2017 but up 33.1 percent compared with the sameperiod last year.
China was Vietnam’s largest export market with a turnover of 4.5 billion USD, a2.5-fold rise from the corresponding time last year, followed by the United States,the European Union, the Association of Southeast Asian Nations (ASEAN), Japanand the Republic of Korea.
Meanwhile, Vietnam imported 19.3 billion USD worth of goods in January, down 3percent against December 2017 but up 47.4 percent year-on-year.
The numbers reflect a trade deficit of 300 million USD in January. The GeneralStatistics Office explained that businesses are importing more goods to serveproduction and consumption during the upcoming Tet holiday.
According to the Ministry of Industry and Trade, the country’s exports are setto face a range of difficulties in 2018 such as global economic uncertainties,impacts of sudden changes in economic and trade policies of major economieslike the US and the EU, impacts of geo-political tensions on the globalfinancial sector and increasing supply resources. - VNA
VNA
