The total export turnover was estimated at $38.48 billion, down 5.1 per cent over the same period last year because the export value of several main export products decreased sharply.
As production has recovered, and local businesses can meet orders and effectively take advantage of FTAs, experts expected local exports to reach a milestone of US$400 billion this year.
Foreign-invested companies accounted for 76.4 per cent, or $37.07 billion, of Vietnam’s total export turnover. Meanwhile, the domestic sector shipped abroad $11.48 billion worth of products.
The General Department of Customs hopes to collect VND338 trillion (US$14.6 million) for the State budget this year, a year-on-year increase of 12.5 per cent.
The total export turnover of agricultural, forest and seafood products reached more than US$26 billion in the first eight months of this year, marking a year-on-year increase of 1.6 per cent.
Vietnamese companies were urged to carefully study the European Union
(EU)''s requirements for imports to maximise opportunities arising from
Viet Nam''s impending free trade agreement (FTA) with the trade bloc.