RoK records positive growth in trade in March | World | Vietnam+ (VietnamPlus)

Friday, April 26, 2024 - 8:09:56

RoK records positive growth in trade in March hinh anh 1

Exports of the Republic of Korea (RoK) in March 2018 rose 6.1 percent year-on-year (Photo: Yonhap)

Hanoi (VNA) – Exports of the Republic of Korea (RoK) in March 2018 rose 6.1 percent year-on-year, marking an increase for the 17th consecutive month, said the country’s Ministry of Trade, Industry and Energy.

It was also the largest monthly tally for March, as outbound shipments reached 51.58 billion USD from 48.64 billion USD of last year. Shipments of chips and storage devices strongly surged in the period.

The RoK’s imports gained five percent on-year to 44.72 billion USD. Its trade surplus came to 6.87 billion USD, marking 77 straight months in which the country's exports have exceeded imports, according to the Ministry.

“The upbeat pace in monthly exports is driven by recovering global trade and a boom in the information technology market," the Ministry said in a release, adding that steady demand for the RoK’s semiconductors lent strong support to the exports of Asia's fourth-largest economy.-VNA

VNA

Republic of Korea (RoK) imports-exports outbound shipments chips and storage devices information technology market vietnamplus Vietnam News Agency Related stories Korea (RoK)

You should also see

China’s fishing ban in East Sea violates Vietnam’s sovereignty: spokesperson

China’s fishing ban in East Sea violates Vietnam’s sovereignty: spokesperson

Foreign Ministry spokesperson Pham Thu Hang on April 25 said Vietnam’s consistent stance on China’s fishing ban in the East Sea, which has been affirmed clearly over the past years.

Millions of children in Vietnam protected by vaccination over 40 years: UN agencies

Millions of children in Vietnam protected by vaccination over 40 years: UN agencies

Hanoi ceremony celebrates 70th anniversary of Geneva Agreement

Hanoi ceremony celebrates 70th anniversary of Geneva Agreement

Investor confidence gains traction on improved business climate

Investor confidence gains traction on improved business climate

See more

Laos speeds up granting licences to foreign workers

Laos speeds up granting licences to foreign workers

Laos's Ministry of Labour and Social Welfare plans to issue visas to illegal foreign workers and extend permits to legal ones so that they can continue to work in the country.

Argentinian scholar praises Vietnam’s April 30, 1975 victory

Argentinian scholar praises Vietnam’s April 30, 1975 victory

The complete reunification of Vietnam on April 30, 1975 was an extremely significant event in the history of the country and the world, opined a scholar from the Institute for International Relations at the National University of La Plata, Argentina.

Malaysia tackles food security challenges

Malaysia tackles food security challenges

Empowering local communities in the agriculture sector to attract young people to this field is one of the measures taken by Malaysia to address labour shortage while also contributing to tackling challenges in food security.

Danger warning issued for Thailand’s Bangkok as extreme heat bites

Danger warning issued for Thailand’s Bangkok as extreme heat bites

Thai authorities on April 24 issued an extreme heat warning for Bangkok, urging people to stay indoors for their safety as temperatures soared.

Schools in Philippines go online amid extreme heat

Schools in Philippines go online amid extreme heat

Record heat in the Philippines in April has forced schools to send children home for online classes.