Vietnam’s export turnover in the first eight months of 2021 rose by 21.5 percent year on year to 212.5 billion USD , despite a decline of 5.4 percent in August, the General Statistics Office (GSO) reported on August 29.
Vietnam’s export earning hit 27 billion USD in July, down 0.8 percent month-on-month and up 8.4 percent year-on-year, reported the General Statistics Office (GSO) on July 29.
Vietnam posted a trade surplus of nearly 1.9 billion USD in the first four months of the year, according to the Ministry of Planning and Investment’s Foreign Investment Agency.
Vietnam always pays attention to creating favourable conditions for businesses and investors from the Republic of Korea (RoK) to expand their activities in the nation, said Prime Minister Nguyen Xuan Phuc, noting that the bilateral ties are getting stronger thanks to the presence of Korean conglomerates like Samsung, SK, Hanwha, Deawoo, and Lotte in Vietnam.
In recent years, many investors from developed countries have gradually turned to Vietnam, with 2021 continuing to be a promising year in attracting foreign direct investment (FDI).
Vietnam posted a trade surplus of 20.1 billion USD in the first 11 months of this year, the highest on record, despite the adverse impacts of the COVID-19 pandemic on the global economy.
Party General Secretary and State President Nguyen Phu Trong, who is also Chairman of the Subcommittee on Party documents of the 13th National Party Congress, has written an article emphasizing the need to well prepare and organise the 13th National Party Congress in order to bring the country to a new development period.