Log in
Business

Vietnam' s revenue from exports rises 9% in the past eight months

According to the General Statistics Office under the Ministry of Planning and Investment, the total value of Vietnam`s exports reached over 106 billion USD in the past eight months of this year, up 9% against the same period last year.

The domestic sector accounted for 31.7 billion USD of the total export value, decreasing by 2.5%. The foreign-invested sector gained the remaining majority of 74.6 billion USD, representing a 14.7% rise from 2014. 
Major hard currency earners with soaring turnover were phones and built-in components (nearly 20 billion USD), garment-textiles (15 billion USD, electronic devices, computers and components (9.9 billion USD), and footwear (8.1 billion USD). 

 
Major hard currency earners with soaring turnover were phones and built-in components (close to 20 billion USD).
Major hard currency earners with soaring turnover were phones and built-in components (close to 20 billion USD).
During the period, the US and the EU were Vietnam’s biggest importers, purchasing respective 22.1 billion USD and 20.2 billion USD in goods, up 19.8% and 12.3% year on year. 
Meanwhile, ASEAN and Japan reduced their imports from Vietnam by 3 to 5% to 12.3 billion USD and 9.3 billion USD, respectively.
Reactions:
Share:
Trending
Most Viewed
Vietnam can still thrive despite global turmoil: ADB

Vietnam can still thrive despite global turmoil: ADB

For Vietnam, this is both a challenge and an opportunity to accelerate domestic reforms, expand its global partnerships, and reinforce its competitive edge in a more complex world.

FTA Index facilitates Vietnam's 8% GDP target in 2025: Prime Minister

FTA Index facilitates Vietnam's 8% GDP target in 2025: Prime Minister

The FTA Index aims to provide transparent, objective data for central and local authorities to steer and monitor integration efforts

Q1 sees foreign investors posting $1 billion in net sales

Q1 sees foreign investors posting $1 billion in net sales

Similar outflows are seen across the region with Vietnam's foreign investor outflows remain moderate.

SSC launches Vietnam Governance Manual 2025

SSC launches Vietnam Governance Manual 2025

Vietnam targets 100% online processing of business-related procedures

Vietnam targets 100% online processing of business-related procedures

By 2026, corporate compliance costs must be halved compared to 2024, achieved through a 50% reduction in processing times.

Vietnam aims to create one million new businesses by 2030

Vietnam aims to create one million new businesses by 2030

Ministries and local governments are expected to cut at least 30% of processing times, compliance costs, and unnecessary business conditions this year.

Hanoi advances energy efficiency for businesses

Hanoi advances energy efficiency for businesses

Hanoi authorities, in collaboration with relevant agencies, are providing technical support to businesses in adopting advanced energy-saving technologies and developing energy efficiency indices.

Vietnamese spend US$13 million daily on coffee and tea

Vietnamese spend US$13 million daily on coffee and tea

Total revenue for the F&B industry is expected to reach VND755.4 trillion ($29.6 billion) this year.