trade surplus

Latest News about trade surplus

Vietnam garment companies had tough year in 2019icon
BUSINESS23/01/20200

Vietnam garment companies had tough year in 2019

After two years of hot development, Vietnam’s textile and garment industry could not fulfill the target of exporting $40 billion worth of products in 2019.

 
More concern than joyicon

More concern than joy

FEATURE
18/12/2019


The foreign direct investment (FDI) sector remains the main driver for Vietnam’s achievement of the record high trade surplus in the first 10 months of this year.

Vietnam enjoys record trade valueicon

Vietnam enjoys record trade value

BUSINESS
17/12/2019

Vietnam’s trade value this year was estimated to touch US$500 billion, two years after hitting the $400 billion threshold.

Vietnam posts record trade surplus of nearly US$11 billionicon

Vietnam posts record trade surplus of nearly US$11 billion

BUSINESS
12/12/2019

Vietnam enjoyed a trade surplus of close to US$11 billion during the first 11 months of the year, with roughly US$1.45 billion being recorded during November, according to the latest statistics released by the General Department of Vietnam Customs.

Vietnam likely to post trade surplus for fourth straight yearicon

Vietnam likely to post trade surplus for fourth straight year

BUSINESS
06/12/2019

With a record trade surplus of 9.12 billion USD over the first 11 months and year-on-year export growth of 7.8 percent, experts believe that 2019 will be the fourth straight year Vietnam will post a trade surplus.

Vietnam's textile-garment industry expands 7.55 percent in 2019icon

Vietnam's textile-garment industry expands 7.55 percent in 2019

BUSINESS
04/12/2019

Vietnam’s textile and garment industry is estimated to grow about 7.55 percent this year, according to President of the Vietnam Textile and Apprarel Association (VITAS) Vu Duc Giang.

What does a $9 billion trade surplus mean for Vietnam?icon

What does a $9 billion trade surplus mean for Vietnam?

BUSINESS
04/12/2019

The $9 billion trade surplus helps improve the foreign currency supply and consolidate the current account, but the amount is not entirely praiseworthy in the context of trade war.

Vietnam’s economy stays positive amid global growth slowdown: PMicon

Vietnam’s economy stays positive amid global growth slowdown: PM

POLITICS
03/12/2019

Vietnam’s economy remains positive despite the slowdown in global economic growth, especially in Asia, over the last 11 months, Prime Minister Nguyen Xuan Phuc said while chairing the Government’s regular meeting for November on December 2.

VN Government cautious when setting export growth target in 2020icon

VN Government cautious when setting export growth target in 2020

BUSINESS
20/11/2019

Vietnam expects to see spectacular export growth rate in 2019 despite influences from the US-China trade war, but the government has decided to maintain the same export target for 2020.

Vietnam sees US$9 billion trade surplus in Jan-Octicon

Vietnam sees US$9 billion trade surplus in Jan-Oct

BUSINESS
18/11/2019

Vietnam earned a trade surplus of US$9.01 billion in the January-October period this year, the highest ever, up 23% year-on-year due to the strong export of phones, computers and textiles.

VN National Assembly wants trade not to run into deficit deeper than 3% of exportsicon

VN National Assembly wants trade not to run into deficit deeper than 3% of exports

POLITICS
12/11/2019

Vietnam recorded a trade surplus in the past four years, but the National Assembly (NA), wary of uncertainties over global trade conflicts, has set the target of containing the country’s trade deficit versus its total export value below 3% for 2020.

Vietnam’s exports estimated at $217.05 billion in 10 monthsicon

Vietnam’s exports estimated at $217.05 billion in 10 months

BUSINESS
11/11/2019

Vietnam’s export revenue was estimated at 217.05 billion USD in the first 10 months of this year, up 7.4 percent annually, according to the Ministry of Industry and Trade.

Domestic firms outpace foreign invested peers in exports growthicon

Domestic firms outpace foreign invested peers in exports growth

BUSINESS
31/10/2019

Exports by domestic businesses have increased at a faster pace than that by foreign invested ones between January and October, according to the General Statistics Office (GSO).

Vietnam enjoys growing trade surplus of over US$6.8 billionicon

Vietnam enjoys growing trade surplus of over US$6.8 billion

BUSINESS
22/10/2019

Vietnam recorded a trade surplus of over US$6.8 billion between the beginning of the year and October 15 with total import-export turnover reaching over US$403 billion, according to statistics released by the General Department of Vietnam Customs.

VN runs US$ 7.15 billion trade surplus in nine monthsicon

VN runs US$ 7.15 billion trade surplus in nine months

BUSINESS
15/10/2019

In the second half of September (from September 16 to September 30), Viet Nam’s export turnover hit US$ 24.07 billion, up 16.2% against the first half of September. 

Vietnam reports trade surplus of about $1.6 billion in H1icon

Vietnam reports trade surplus of about $1.6 billion in H1

BUSINESS
21/07/2019

Vietnam gained a trade surplus of $1.59 billion in the first half of this year, according to the latest statistics from the General Department of Customs.