Vietnam’s trade value up 21.4% in nine months

• Sep 28, 2017

HANOI — Vietnam witnessed a year-on-year increase of 21.4 per cent in total trade value from January 1 to September 15 to US$289.14 billion, according to the General Department of Customs.

However, total trade value in the first half of September dropped by 11.7 per cent to $2.44 billion against the same period last year.

Meanwhile, the nation gained trade surplus of $100 million in the first half of September, while it recorded a deficit of $701 million in the period from January 1 to September 15.

In the first half of September, national export revenue reduced by 17.4 per cent to $9.21 billion compared with the last 15 days of August. However, export value in the period from January 1 to September 15 increased by 20.1 per cent to $144.22 billion against the same period in 2016.

The national import value in the first half of September was $ 9.11 billion, 5.1 per cent lower than the figure in the second half of August, while the import value gained year-on-year growth of 22.7 per cent to $144.92 billion.

Also in the first half of September 2017, foreign-invested (FDI) enterprises reached some $12.6 billion in trade value, down 9.5 per cent compared with the second half of August 2017.

From the first day of this year to September 15, the trade value of FDI enterprises reached some $189.54 billion, accounting for 65.6 per cent of the total national trade value and 23.5 per cent higher than the same period last year.

FDI enterprises saw trade surplus of $854 million in the first half of September 2017 and $14.07 billion in the period from the beginning of this year to September 15. — VNS

Source: http://vietnamnews.vn/economy/394437/viet-nams-trade-value-up-214-in-nine-months.html#4PXorrZIVUXFKkh0.99