Vietnam posts import-export revenue of over US$428 billion in 10 months
Vietnam reported US$428.63 billion worth of import and export revenue in the first 10 months of 2019, up 8% compared to the same period in 2018, according to the General Department of Vietnam Customs.
 |
| Illustrative photo: NDO |
Of the total, foreign direct investment (FDI) enterprises posted total import and export revenue of US$271.13 billion while the remaining amount came from domestic enterprises.
Vietnam is estimated to reach US$218.82 billion worth of export revenue, up 8.3%, and US$209.81 billion worth of import revenue during the 10-month period, up 7.7% over the same period in 2018, resulting in a record trade surplus of over US$9 billion.
With such a result, Vietnam’s export growth is currently surpassing the set target of 7-8%.
Phones and components posted the highest export revenue, at US$44.03 billion, while computers, electronic products and components came in second with a total export revenue of US$29.12 billion.
In the January-October period, Vietnam mainly imported computers products, electronic products and components, machinery, equipment, devices and other components.
Tags:
Related Stories
National
Vietnam News Today (Feb. 2): Bustling Export-import Activities Signal Boon Year Ahead
Vietnam News Today (Feb. 2): Bustling export-import activities signal a boon year ahead; Vietnam braces for intense cold wave in February, expert warns; HCM City records rise in tourist arrivals and revenue during Tet; Vietnamese coast guard rescues Filipino sailor in distress.
February 02, 2025 | 07:07
Economy
Growth Prospects for Vietnamese Economy in 2025
Economic growth in 2024 is set to rebound impressively, thanks to significant gains in industrial production, trade, and import-export activities. These will serve as a foundation for the economy to accelerate further.
December 30, 2024 | 10:02
Recommended
Economy
Greenfield & Associates, LLP - Professional partners in tax and financial accounting for Vietnamese businesses in the U.S. market
With the trend of global integration, a thorough understanding of the laws and a robust financial and accounting system in the host country are essential for a business to lay a solid foundation in a new market. With the motto "Your success is our success," Greenfield & Associates is committed to accompanying businesses to provide comprehensive financial solutions, optimize profits, and ensure compliance with legal regulations.
April 03, 2025 | 13:13
Economy
Roots of Enlightenment: India’s Timeless Buddhist Journey
Buddhism, a profound philosophical and spiritual tradition, has long been intrinsically linked to the Indian subcontinent, its birthplace and original crucible of enlightened thought.
March 27, 2025 | 22:45
Economy
India's Connect with Global South: A Bridge of Shared Heritage
As the heartland of Buddhism, India hosted the First Asian Buddhist Summit (ABS) in November 2024, under the theme "The Role of Buddha Dhamma in Strengthening Asia." The summit brought together esteemed Sangha leaders, scholars, and practitioners from across the continent, fostering dialogue and mutual understanding while addressing contemporary challenges faced by the Buddhist community.
March 26, 2025 | 17:31
Economy
Jaishankar, UN Special Envoy on Myanmar Julie Bishop Discuss Stability and, Refugee Situation
External Affairs Minister S Jaishankar met with UN Special Envoy of the Secretary-General on Myanmar Julie Bishop in Delhi on Tuesday to discuss border stability, the refugee situation, transnational crime out of Myanmar, and providing economic support.
March 26, 2025 | 16:29
Economy
A diplomatic energy balance in a contested energy space
INDIA is undergoing a significant transformation in its energy landscape, clearly driven by a commitment to sustainability, energy security, and economic growth.
March 25, 2025 | 13:14
Economy
Strengthening Nalanda Buddhism: IHCNBT’s Historic First General Assembly
The Indian Himalayan Council of Nalanda Buddhist Tradition (IHCNBT) successfully convened its first General Assembly at the India International Centre (IIC) in New Delhi on March 21-22.
March 24, 2025 | 14:16
Economy
Rejecting Khalistan Separatism: Former Australian PM Tony Abbott’s Vision for Indo-Pacific Harmony
Former Australian Prime Minister Tony Abbott has issued a resolute statement against separatism, emphasizing that any discontent with the current political order should be channeled through democratic means rather than through divisive or violent actions
March 22, 2025 | 07:00
Economy
Vietnam, US Strengthen Trade Ties with US $90.3 Billion in New Agreements
Vietnam’s leading corporations signed US $90.3 billion in trade agreements with US partners, covering LNG, aviation, and biofuels. These deals will boost jobs and investment from 2025 onward.
March 21, 2025 | 20:09