For the seven-month period, exports totalled $226.98 billion, up by 15.7 per cent, in which the domestic sector accounted for 27.8 per cent and the foreign-invested sector (including crude oil) accounted for 27.2 per cent.
In the first half of this year, Vietnamese businesses spent $67 billion on imports from China and raked in $27.8 billion from exports to this market, respectively rising nearly 35 per cent and 5.3 per cent year-on-year.
The Ministry of Industry and Trade forecasts that Viet Nam’s total trade value this year may reach a new record of between US$640 - 645 billion, with a slight trade surplus.
Viet Nam’s trade value this year was estimated to touch US$500 billion, two years after hitting the $400 billion threshold, a new milestone for the country that has been striving to improve its business climate and enhance international integration.
Border gates in Lao Cai Province recorded trade value of US$3 billion in 2018, according to the customs office at the Lao Cai International Border Gate.
Viet Nam and Cambodia could bring their two-way trade value to US$7-8 billion by 2020 due to their already sound co-operation and efforts to remove difficulties for businesses.
Viet Nam witnessed a year-on-year increase of 21.4 per cent in total trade value from January 1 to September 15 to US$289.14 billion, according to the General Department of Customs.
Viet Nam’s total trade value in the first four months of the year gained a year-on-year increase of 20.1 per cent to US$125.41 billion, according to the General Department of Customs.
Trade value between Viet Nam and Brazil increased by 18 per cent to
US$1.275 billion during the first half of this year against the same
period last year, according to Brazil''s Ministry of Development,
Industry and Trade.
Measures to Boost Sustainable Growth for Major Products of the Cuu Long
(Mekong) Delta in the Integration Era was the topic of an annual
conference held by the Ministry of Industry and Trade in An Giang
Province this month.