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ECONOMYTRADE - SERVICE

Vietnam posts trade surplus of US$6.32 billion in Jan-Sep

Updated at Wednesday, 10 Oct 2018, 06:42
The Hanoitimes - Export value of the FDI sector in the January - September period reached US$126.63 billion, up 15.8% year-on-year, accounting for 70.6% of Vietnam`s total export value.
In the second half of September, Vietnam's trade surplus reached US$930 million, resulting in a trade surplus of US$6.32 billion year in the first nine months of 2018, according to the General Department of Vietnam Customs (GDVC).
 
Illustrative photo.
Illustrative photo.
Total trade value in the last 15 days of September reached US$20.76 billion, up 6.1% or US$1.2 billion compared to the first 15 days of September.

This resulted in a trade turnover of US$352.61 billion in the first nine months of 2018, up 13.7% or US$42.44 billion year-on-year.

The country's export turnover in the second half of September reached US$10.85 billion, up 6.1% compared to 15 days earlier, resulting in total export turnover of US$179.47 billion as of the end of September, up 15.8% or US$24.44 billion year-on-year. 

Export turnover of the FDI sector in the second half of September increased by 3.2% or US$245 million to US$7.83 billion compared to the first half of September. 

The figure brought total export value of the FDI sector to US$126.63 billion in the nine months through September, up 15.8% year-on-year or US$17.29 billion, accounting for 70.6% of Vietnam's total export value. 

Meanwhile, Vietnam's import value in the second half of September was reported at US$9.92 billion, up 6.2% or US$575 million compared to the first half of September. 

In the January - September period, total import turnover stood at US$173.14 billion, up 11.6% or US$18 billion year-on-year.

The FDI sector's import turnover in the second half of September reached US$6.01 billion, up 2.8% or US$265 million compared to the first 15 days of September.

Overall, total import turnover of foreign companies in the first nine months of 2018 amounted to US$103.8 billion, up 11.5% year-on-year or US$10.72 billion, equivalent to 59.9% of Vietnam's total import turnover. 
Hai Yen
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