vietnam import-export

Update news vietnam import-export

The General Department of Vietnam Customs reported the total import-export value of Vietnam in the first half of August 2022 has hit more than US$30 billion.

Vietnam first Southeast Asian country to earn over US$1 billion from exports to Hungary

Vietnam has become the first Southeast Asian nation to earn over 1 billion USD from exporting goods to Hungary and the European country’s leading exporter from this region since 2000, according to the Ministry of Industry and Trade.

Vietnam aims for 8% export growth this year

Although much of the economy was impacted by the fourth wave of COVID-19 in 2021, Viet Nam’s imports and exports reached a record of nearly US$670 billion, an increase of almost 23 per cent from 2020.

 

Exports set to exceed target in 2021

Despite a negative impact caused by the COVID-19 pandemic, the country's exports have scored a success this year with 11-month export revenues reaching approximately US$300 billion.

Impressive reversal seen in Vietnam's import-export activities in 2021

Despite COVID-19 impacts, Vietnam has seen an impressive reversal in import-export activities in the last months of the year, securing trade surplus for the sixth consecutive year.

Vietnam's import-export revenue forecast to hit new record in 2021

The Ministry of Industry and Trade (MoIT) has forecast that total import-export revenue this year may reach a new record, at between 640 - 645 billion USD, with a slight trade deficit.

Exporters face slew of difficulties due to COVID

Though exports remain strong, several sectors face difficulties due to the COVID-19 pandemic and require support from the Government if they are to sustain the growth, experts said.