The success of the August Revolution in 1945 was the first grand victory of the people under the leadership of the Party, creating a breakthrough in Vietnamese history. Over the 77 years since, Vietnam has recorded major achievements and posted strong development, affirming its position and prestige in the international arena.
Vietnam’s export-import turnover hit 431.94 billion USD in the first seven months of the year, posting a year-on-year rise of 14.8%. The country enjoyed a trade surplus of about 764 million USD in the period.
Total export-import turnover in July reached 60.36 billion USD, up 6.1% year-on-year but down 6.8% month-on-month, according to the General Statistics Office of Vietnam (GSO).
Hanoi enjoyed a surge in exports-imports in the first five months of this year, signalling the capital city’s strong economic recovery, according to the municipal Statistics Office.
Vietnam’s export-import turnover hit an estimated over 108.5 billion USD in the first two months of 2022, up 13 percent compared to the same period last year, the General Statistics Office (GSO) reported on February 28.
Vietnam’s export-import turnover hit an estimated 3.05 billion USD during the Lunar New Year (Tet) holiday which lasted from January 29 – February 6, a hike of 83 percent compared to the same holiday last year.
Vietnam enjoyed a trade surplus of 5.46 billion USD in the first six months of this year, nearly 1.5 billion USD higher than the estimated 4 billion USD, according to the General Department of Customs.
The agricultural sector posted a trade surplus of 1 billion USD in the January-February period despite a year-on-year decrease of 1.6 percent in export value.
Preferential policies should be applied selectively, targeting FDI businesses with effective operation rather than the scale of investment, Deputy Prime Minister Vuong Dinh Hue said at a working session with the Ministry of Finance in Hanoi on February 28.
Vietnam will see great momentum for stronger export growth in the second half of 2018, with its export-import turnover estimated to reach the 500 billion USD benchmark by 2019.
In the first eight months of 2017, export and import turnover rose 17.9 percent and 22.3 percent year-on-year, respectively. The country recorded a trade deficit of 2.13 billion USD.