Trade Surplus Touches US$1.36 Bln in Q1
Viet Nam ran a trade surplus of US$1.36 billion in the first quater, two times higher than the earlier estimated figure of the General Statistics Office (GSO).
The General Department of Viet Nam Customs reported that total import-export turnover valued US$76.17 billion, representing a year-on-year growth of 1.1 per cent or US$817 million.
Total export turnover fetched US$38.77 billion, up 6.6 per cent or US$2.4 billion against the same period last year. Import revenue valued US$37.4 billion, down 4 per cent or US$1.58 billion against last year.
The General Department attributed the trade surplus to the FDI sector. Meanwhile, the domestic sector countinued to suffer trade deficit.
Specifically, the FDI sector attained US$49.77 billion of trade turnover, up 3.3 per cent or US$1.59 billion against the same period last year. Export turnover was US$27.28 billion, representing a year-on-year growth of 10.8 per cent and accounting for 70.4 per cent of the national export turnover. Hence, the FDI sector enjoyed a trade surplus of US$4.79 billion.
Meanwhile, the domestic sector suffered a trade gap of US$6.15 billion.
VGP
Vietnamese
