Vietnam sees record trade surplus of 20.1 billion USD

In the first eight months of this year, Vietnam earned 3.45 billion USD from exporting vegetables and fruits, up 57.5% year-on-year and exceeding last year’s export turnover of 3.16 billion USD.

In the first eight months of this year, five export items of Vietnam posted a turnover of more than 10 billion USD, accounting for 58.4% of Vietnam’s total.

Along with sound political relations, economic-trade ties have been one of the most successful endeavours within Vietnam-US relations. The US is currently one of Vietnam’s largest trading partners.

Vietnam’s average CPI increased by 3.1% in the first eight months of 2023, while foreign investment rose 8.2% and foreign visitors grew 5.4-fold.

Vietnam’s total import-export turnover of goods hit 435.23 billion USD in the first eight months of this year, with the country posting a trade surplus of 20.19 billion USD.