First half of 2018: Trade surplus of 2.57 billion USD
In the first half of 2018, Vietnam's export revenue was estimated at 13.93 billion USD and import revenue 111.36 billion USD, with a surplus of 2.57 billion USD.
Micro-, small- and medium-sized enterprises (MSMEs) account for nearly 97 percent of the total number of businesses in Ho Chi Minh City, with more than 90 percent of newly-established ones every year belonging to this category.
Vietnam recorded a trade surplus of 3.1 billion USD as of April 15, 2018, according to the latest statistics of the General Department of Vietnam Customs.
Experts’ reactions to the Ministry of Finance’s (MoF) tax adjustment draft have been mixed, while the business community struggles to keep up with the variety of proposed tax hikes.
With 15.8 percent growth in the first five months of this year to 93.09 billion USD, achieving export growth target of more than 10 percent for the whole year is feasible.