HCMC Posts Trade Surplus of Nearly US$1.1 Billion

Ho Chi Minh City gained a trade surplus of nearly US$1.1 billion in the first seven months of this year, and over US$420 million in July alone, reported the municipal Statistics Office.

 

Enterprises in the city made export turnover of US$16.1 billion from January to July, down 1.1 percent against the same period last year, and import turnover of over US$15 billion, up 4.5 percent.

 

In July, the export value nearly US$2.7 billion, up 4.9 percent against June. Of the figure, state-owned sector accounted for the lion’s share with nearly 48.7 percent, followed by foreign-invested sector with over 28.2 percent, and non-state sector with more than 23.1 percent.

 

 Regarding import revenue, the non-state sector made up over 46.7 percent, followed by the state-owned sector nearly 26.8 percent, and foreign-invested sector over 26.5 percent.

 

VGP