Exports continued to record positive results in the first eight months of 2022, as Vietnam enjoyed a trade surplus of about 3.96 billion USD in the period, a representative of the Ministry of Industry and Trade said.
Exports of electronic products and components may reach 50 billion USD in value in 2021, a year-on-year rise of 13.5 percent, according to the Import-Export Department under the Ministry of Industry and Trade (MoIT).
Myanmar earned over 2.02 billion USD from the export of finished industrial goods over the first three months of the present fiscal year (FY) 2020-2021 which started in October.
Ho Chi Minh City’s foreign trade totalled more than 60.48 billion USD in the first eight months of this year, down 0.03 percent against the same period of 2019.
More foreign participation is forecast in Vietnam’s construction market over the coming years, buoyed by the gradual opening up of the Vietnamese economy to foreign investors and the Government’s emphasis on infrastructure development.
Exports of several kinds of farm produce to China via Lao Cai border gate (the northern border province of Lao Cai) increased in the first quarter of this year despite the COVID-19 pandemic, said deputy head of the border gate’s customs branch Tran Anh Tu on April 1.
The 2015 Vietnam International Industrial Fair (VIIF) kicked off in Hanoi on October 20, offering opportunities for domestic and foreign business communities.