Monday, September 16, 2019 1:30:03 PM - Markets open
VN-INDEX 988.44 +1.22/+0.12%
HNX-INDEX 101.88 -0.32/-0.31%
UPCOM-INDEX 56.46 -0.26/-0.45%
Vietnam’s export turnover up 7.3 percent in eight months
VietnamPlus - 9/3/2019 1:18:48 PM
 (0 ratings. You must sign in to rate.)
Vietnam’s export turnover hit nearly 170 billion USD in the last eight months, a year on year increase of 7.3 percent, according to the Ministry of Industry and Trade (MoIT).
 
Thanks to contributions of the group of mobile phone and accessories, the country enjoyed a trade surplus of 1.7 billion USD in August, which brought the trade surplus for January-August to 3.4 billion USD.
 
The US remains Vietnam’s biggest importer, buying 38.6 billion USD worth of goods, up 25.3 percent year on year.
 
It was followed by the EU, China and ASEAN with 27.7 billion USD, 23.8 billion USD, and 17.3 billion USD, respectively. 
 
In the eight months, the country spent 166.58 billion USD on imports, up 8.5 percent from the same period last year.
 
Experts said enterprises need to tap incentives from free trade agreements Vietnam has signed and pay attention to ensuring regulations related to origin of goods to enjoy tariff preferences.
 
The MoIT asked its import-export department to build import and export scenarios for markets and sectors, thus devising proper measures to promote exports.-VNA
 
Read original article here
 
Newer News
15/09 VN, Cuba seek to expand investment, trade ties
10/09 Footwear, handbag exports reel in nearly 14.5 bln USD in eight months
06/09 Việt Nam faces difficulties in rice exports
04/09 Campaign collects businesses’ recommendations for economic policies
03/09 EU enhances inspections on Vietnam’s agricultural products from Sept 1
Older News
02/09 Revised Law on Enterprises to add household business regulations
31/08 CPTPP promises stronger ties with Singapore, Malaysia: workshop
31/08 Việt Nam boosts fight against illegal timber products
31/08 Asanzo cleared of origin fraud: VCCI
30/08 August CPI rises 0.28 percent
29/08 Vietnam's seafood exports rise but challenges continue
28/08 EVFTA brings many benefits for protecting intellectual property rights in VN
27/08 Over 73.2 mln USD to develop hi-tech agriculture projects in Binh Phuoc
26/08 Vietnamese shrimp exporters enjoy zero taxes to US
25/08 VN eyes modern and green FDI projects
 
Newsletter Signup
Top Stories
VN central bank makes first key rate cut since 2017
Total UPCoM firms reach 850 in August
ACV: Gov't should buy back shares from ACV's foreign shareholders: MoT
EU enhances inspections on Vietnam’s agricultural products from Sept 1
Asanzo cleared of origin fraud: VCCI
Market Update
Last updated at 1:50:02 PM
VN-INDEX 988.44 +1.22/+0.12%
Real-time chart
Top 5 Actives
Top 5 Gainers
Top 5 Losers
My Favorite Quotes
Your most recently viewed tickers will automatically show up here if you type a ticker in the Get Quotes box on the top of the page.
Company Research
Type in the symbol above for thorough background information, key statistics and financial information.
Stock Sectors
We continuously improve our services, here are the latest updates...
Portfolio
Allow you to monitor a customised group of securities. You can set up multiple Portfolios to help you better manage your investments.
Trigger Alerts
Get up-to-date alerts delivered directly to your email address.
Stock Screener
Allow you to filter the market and find exactly what sort of company you are looking for.
Live Terminal
Get instant access to FREE REAL-TIME streaming quotes for hundreds of stocks from HOSE, HNX and UPCOM exchanges.