Vietnam’s agriculture sector gained a trade surplus of nearly 2.9 billion USD in the first quarter of 2020, up 48.9 percent from a year earlier, according to the Ministry of Agriculture and Rural Development.
Vietnam ran a trade surplus of 2.82 billion USD in the first quarter of this year, higher than 1.5 billion USD recorded in the same period last year, reported the General Statistics Office (GSO).
The COVID-19 pandemic has already made it quite difficult for Vietnamese goods to enter the US and EU markets and the outlook for the second quarter is also gloomy, according to Cong Thuong (Industry & Trade) newspaper.
Export revenue in April from agro-forestry-fisheries products was estimated at 2.9 billion USD, down 16.9 percent year-on-year, the Ministry of Agriculture and Rural Development (MARD) has reported.
Vietnam’s export value is expected to rise in the coming months thanks to China’s increase in imports, strong measures taken by the Vietnamese Government, ministries, agencies, and businesses, and the EU-Vietnam Free Trade Agreement (EVFTA).
Vietnam's export value saw a year-on-year increase of 4.7 percent to an estimated 82.9 billion USD in the first four months of this year, according to the General Statistics Office (GSO).
Vietnam ran a trade surplus of 343 million USD with India in the first quarter of this year, according to statistics released by the General Department of Vietnam Customs.
