Vietnam ran a trade surplus of 4.07 billion USD in the first quarter this year, with 79.17 billion USD in export revenue and 75.1 billion USD in imports, down 11.9% and 14.7% annually, respectively, reported the General Statistics Office on March 29.

With the country's total import-export turnover reaching nearly US$123 billion between January 1 and March 15, the nation enjoyed a trade surplus of roughly US$3 billion, according to figures released by the General Department of Vietnam Customs.

A year since Vietnam reopened after a global pandemic, the country has seen trade recovering strongly.

Vietnam’s trade with 11 other major Asian markets could rise significantly in value by 2030, according to an industry study released by UPS.

Vietnam’s merchandise trade with Asia reached 475.29 billion USD in 2022, increasing by 9.6% compared to 2021 and accounting for the highest proportion (65.1%) in the country's total import-export value.

Data from the Ministry of Industry and Trade shows the US and China are the two largest trading partners of Vietnam.

Vietnam is on track to see a trade surplus of 10 billion USD this year despite enduring global market uncertainties and fluctuations, Minister of Industry and Trade Nguyen Hong Dien reported at the 15th National Assembly.

Vietnam is likely to produce a trade surplus of US$1 billion in 2022 – a record low figure compared to the previous years, according to the Ministry of Industry and Trade (MoIT).

Vietnam has enjoyed a trade surplus of 3.96 billion USD in the first eight months of 2022, the General Statistics Office (GSO) announced on August 29.