FDI firms gains majority of Vietnam’s trade turnover

(VNF) - As of April 15th, Vietnam’s total trade turnover reached USD88.4 billion, a year-on-year rise of 13.9% (equivalent to USD10.82 billion), according to the latest statistics by the General Department of Customs.

Photo for illustration. (Source: VNA)

Specifically, from the start of the year to April 15th, the country earned USD42.65 billion from exports, up 9% (nearly USD3.54 billion) over a year earlier.

Meanwhile, the country’s imports were valued at USD45.76 billion, an 18.9% increase compared to the same period last year.

Foreign-invested firms made up the largest proportion of Vietnam’s total trade turnover. In the first half of April, export value of FDI enterprises posted nearly USD4.3 billion, a year-on-year rise of 10.6% or 67.8% of the country’s total exports. During the same period, import turnover from the sector reached USD4.33 billion, accounting for 60.1% of the country’s total imports./.

( Hoang Quan )