VOV.VN- Vietnam's import-export value during the course of the opening ten months of the year witnessed a slight increase of 2.6% to US$439.82 billion, with exports to the United States reaching up to US$62.34 billion, according to the latest figures released by the General Department of Vietnam Customs.
Of the figure, the total export value is anticipated to record an increase of 4.7% to US$229.27 billion, while imports rose by 0.4% to US$210.55 billion during the reviewed period. Indeed, the trade surplus is expected to be US$18.72 billion, far higher than last year’s level of US$9.3 billion
The General Department of Vietnam Customs points out that exports to major markets have experienced vigorous growth, with exports to the US during the course of the ten-month period soaring by 24% to US$62.34 billion, equivalent to an annual increase of US$12 billion.
Furthermore, Vietnamese exports to China also saw a rise of 14% to US$37.6 billion, equal to an increase of US$4.6 billion on-year, while imports from the northern neighbour picked up by 6.2% to US$65.78 billion in comparison with last year’s corresponding period.
Vietnam hopes to make economic cooperation truly an important driver for its relations with Japan, the US, and Australia, Head of the Party Central Committee’s Economic Commission Nguyen Van Binh said on October 30.
The agro-forestry-fishery sector posted a trade surplus of over US$7.9 billion in the first ten months of this year, up 10.7% year-on-year, the Ministry of Agriculture and Rural Development (MARD) has reported.
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