Vietnam trade surplus surges to US$2.09 billion in January
Phones and parts posted the largest export turnover among export items during January with US$6.1 billion, up US$3.4 billion against the same period of last year.
Phones and parts posted the largest export turnover among export items during January with US$6.1 billion, up US$3.4 billion against the same period of last year.
Compared to the same period of last year, liquidity surged a whooping of 291.04% in transaction volume and 334% in value.
Singapore was the largest investor in the first month of 2021 in Vietnam with an investment capital of US$680.7 million, or 33.8% of the total.
In January, Vietnam imported nearly 4,000 cars worth US$106 million, up 14% month-on-month in volume but down nearly 49% in value.
In January, tax revenue stood at VND166.7 trillion (US$7.17 billion), equivalent to 11% of the year's plan and up 4.8% year-on-year.
The mining industry’s output decreased by 18.2% month-on-month and 32.1% year-on-year, while the manufacturing and processing industry declined by 25.4% and 15.4%, respectively.
Core inflation in January picked up 0.76% month-on-month, resulting in an increase of 3.25% year-on-year.
Vietnam's trade turnover is set to reach US$38.1 billion in January, of which its exports amount to US$19 billion, down 14.3% year-on-year, and imports total US$19.1 billion, down 11.3%.
Total registered capital added to the economy in January was VND501.4 trillion (US$21.65 billion).