Despite the overall downturn, Vietnam enjoyed a trade surplus of $20.19 billion during the same period. The month of August alone saw a 6.7 per cent increase in total trade compared to July, amounting to $60.92 billion, although this still represented a 7.9 per cent decline compared to August last year.
The data also revealed that in the first eight months, 30 items posted export turnover exceeding $1 billion each, collectively accounting for 91.8 per cent of Vietnam's total export turnover.
The US remained Vietnam's largest export market, with an estimated turnover of $62.3 billion. Conversely, China was the largest import market for Vietnam, with imports totalling $68.1 billion, as per Vietnamese media reports.
ALCHEMPro News Desk (DP)
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