FIEs in Vietnam Likely to Post $2.351B Trade Surplus in 2010
Foreign-invested enterprises (FIEs) in Vietnam are estimated to have posted a trade surplus of $2.351 billion this year, the General Statistics Office (GSO) said.
Excluding crude oil export, the firms have incurred a trade gap of $2.593 billion during the year, the GSO said in a statement.
They have exported $38.829 billion worth of goods, including crude oil between Jan and Dec, up 27.8% on-year, and imported $36.478 billion, up 39.9%.
In December, FIEs’ exports and imports are estimated at $3.5 billion, up 6.29% on-month and $3.8 billion, up 7.5% on-month, respectively.
The soaring imports of FIEs were partly attributed to Vietnam’s widening trade deficit at $12.375 billion in 2010. (GSO)
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