Vietnam Continues to Enjoy Trade Surplus in Sept
Vietnam’s excess of exports over imports in September reached more than US$170 million, a three-time increase against August, representing a great improvement compared to the excess of imports over exports of more than US$8 billion in the same period last year.
Vietnam's trade surplus continues to increase in September 2012
It is the fourth month in succession when Vietnam enjoyed the trade surplus.
This is resulted from the export value of Foreign Direct Investment (FDI) businesses (more than US$250 million in September and nearly US$2.4 billion in the first nine months of 2012).
According to the Vietnam Customs, in September, the nation’s export turnover attained more than US$9.48 billion, down 8 percent compared to the previous month. The import value is estimated at US$9.31 billion, down 9.2 percent.
In the first nine months of 2012, Vietnam’s export and import turnovers achieved nearly US$83.55 billion and US $83.4 billion, up 18.6 percent and up 6.1 percent respectively.
VGP