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Vietnam’s trade with China hits 8.29 billion USD in January

Vietnam’s trade with China last month reached 8.29 billion USD, a year-on-year decline of 11.8 percent, according to the General Department of Vietnam Customs.
Vietnam’s trade with China hits 8.29 billion USD in January ảnh 1Vietnam exported 2.75 billion USD worth of goods to the market. (Illustrative image. Source: VNA)

Hanoi (VNA) - Vietnam’s trade withChina last month reached 8.29 billion USD, a year-on-year decline of 11.8percent, according to the General Department of Vietnam Customs.

This was because the seven-day Lunar New Year(Tet) holiday fell in January, so the number of working days in the month wasfewer than usual.

Vietnam exported 2.75 billion USD worth of goodsto the market, the authority added.

During working days (excluding Saturday, Sundayand national holidays), Vietnam’s export to China in January was estimated at130.52 million USD per day, up 18.5 percent against the same period of 2019.

For the three working days after Tet (January30-31 and February 3), Vietnam’s average export to China stood at 82.1 millionUSD per day, equal to 63 percent of the regular working days in January 2020./.
VNA
#Vietnam-China trade #decline #General Department of Vietnam Customs #Lunar New Year (Tet) holiday #Vietnamplus #Vietnam News Agency China Vietnam
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