VOV.VN - Foreign-invested enterprises (FIEs) racked up a trade surplus exceeding nearly US$34 billion from the beginning of the year to September 15, according to the latest preliminary statistics released by the General Department of Vietnam Customs.
Specifically, FIEs’ total import-export turnover throughout the reviewed period dropped by 12.3% to US$320.01 billion compared to the same period from last year.
The first half of September saw FIEs rake in US$10.59 billion from exports, down 18.7%, equivalent to a decrease of US$2.44 billion compared to the second half of August.
By the end of September 15, FIEs’ total export turnover had reached US$176.99 billion, representing a fall of 9.3% compared to the same period from last year, and duly accounting for 73% of the country's total export turnover with key export products including phones, computers, along with garments and textiles.
In contrast, FIEs’ imports in the first half of September fell by 6.5% to US$8.9 billion compared to the second half of August.
FIEs’ total import turnover by mid-September had declined 15.8% to US$143 billion on-year, accounting for US$64 million of the country's total import turnover.
VOV.VN - Vietnam has yet to lose its advantage as an attractive destination for foreign investment flows, although in the short term investors are carefully considering their decisions, according to Nguyen Xuan Thanh, a lecturer of the Fulbright School of Public Policy and Management.
VOV.VN - Amid tax incentives no longer being an advantage in attracting foreign direct investment (FDI) into Vietnam, Ho Chi Minh City requires strategic changes to attract more major foreign investors.
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