Exports were valued at $239.19 billion during the period—up by 14.7 per cent YoY, while imports reached $231.44 billion—up by 17.7 per cent YoY, according to the department of Vietnam customs.
Vietnam’s total import-export turnover in the first half of July was $38.21 billion—down by 7 per cent compared to the second half of June, a domestic news agency reported.
Foreign direct investment (FDI) enterprises reported $14.83 billion in export turnover in the first half of July—a drop of 13.5 per cent from the latter half of June. On the import side, they posted $13.84 billion in the period—up by 4.4 per cent.
As of July 15, total export revenue by FDI firms reached $175.8 billion—a YoY rise of 17.5 per cent, accounting for 73.5 per cent of the country’s total.
During the first half of July, Vietnam posted a trade deficit of $134 million.
However, the country still recorded a trade surplus of $7.74 billion from the beginning of the year to July 15.
ALCHEMPro News Desk (DS)
Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!
marketing@alchempro.com
