Vietnam’s trade turnover in the first nine months of this year reached 483.17 billion USD, a year-on-year increase of 24.4 percent, according to the General Statistics Office.
Vietnam's import-export value reached 373.36 billion USD in the first seven months of this year, according to the General Statistics Office.
Surging international crude oil price on improving demand has helped many oil and gas companies record big profits in the first quarter of this year, after losing in 2020.
Ho Chi Minh City brought in more than 140.3 trillion VND (6.06 billion USD) in budget collections during the January - April period, a 15.76 percent increase year-on-year and fulfilling 30.45 percent of the annual target.
The import-export value of agro-forestry-fisheries products in the first four months of 2021 stood at about 32.07 billion USD, with exports estimated at 17.15 billion USD, a 24.2 percent increase year-on-year, the Ministry of Agriculture and Rural Development (MARD) has reported.
Ho Chi Minh City is focusing on developing its infrastructure system serving e-commerce amid the rising trend in online shopping, according to the city’s Department of Industry and Trade.
Vietnam has been making good use of advantages of the international economic integration process, helping to increase the country’s exports by 22 percent year-on-year and imports by 26 percent in the first quarter of 2021, said Tran Thanh Hai, Deputy Director of the Agency of Foreign Trade under the Ministry of Industry and Trade.
The State Bank of Vietnam said it would be consistent with the goal of controlling inflation, maintaining macroeconomic stability, and improving the quality of monetary policy planning and administration.
Import-export activities were a highlight of Vietnam’s economy during the 2015-2020 period. In 2020, trade surplus reached 19.1 billion USD, marking the highest in five consecutive years recording trade surplus since 2016.
Thirty-five years after the launch of the renewal, Vietnam has, under the leadership of the Party, reaped comprehensive, great and important achievements.
Vietnam’s import-export turnover is likely to surpass 500 billion USD in 2019 despite declining demand in the world market.
The industry and trade sector is exerting all-out efforts to achieve the target of 300 billion USD in export turnover this year in the context that the COVID-19 pandemic is seriously affecting global trade.
In 2011, leaders of Vietnam and Germany signed the Hanoi Joint Declaration, upgrading bilateral relations to a strategic partnership, creating a new impetus to promote cooperation between the two countries.