Friday, November 22, 2024 5:34:01 PM - Markets open
VN-INDEX 1,228.10 -0.23/-0.02%
HNX-INDEX 221.29 -0.47/-0.21%
UPCOM-INDEX 91.70 +0.20/+0.21%
Trade surplus hits $8.4 billion in four months: GSO
Vietnam News - 5/2/2024 3:02:32 PM
 (0 ratings. You must sign in to rate.)
Việt Nam's import-export revenue reached 238.88 billion USD in the first four months of this year, with trade surplus reaching US$8.4 billion, higher than the $7.66 billion recorded in the same period last year, according to the General Statistics Office (GSO).
 
April exports were estimated at $30.94 billion, up 10.6 per cent over the same period last year, pushing the total results in the first four months of this year to $123.64 billion, a year-on-year rise of 15 per cent.
 
Of the total, the domestic sector contributed $33.62 billion, and the FDI sector $90.02 billion.
 
Exports of processed products were estimated at $108.27 billion, accounting for 87.5 per cent of the total.
 
The US is the largest export market of Việt Nam with a revenue of $34.1 billion, followed by China with $18 billion and the EU with $16.4 billion.
 
In April, Việt Nam imported $30.26 billion worth of products, a rise of 19.9 per cent year on year, pushing the total import value in the January-April period to $115.24 billion, up 15.4 per cent over the same period last year.
 
Imports of the domestic sector were $41.86 billion, while that of the foreign-invested sector was $73.38 billion.
 
Production materials were the major imports in the four-month period with a value of $108.33 billion, accounting for 94 per cent of the total imports.
 
China remained the biggest import market of Việt Nam with a value of $41.6 billion, and the Republic of Korea came second with $17.1 billion. Việt Nam also imported $15.6 billion worth of goods from ASEAN countries in the period, the GSO reported, adding that the April trade surplus hit $0.68 billion. VNS
 
Read original article here
Newer News
10:25 Vietnam resolved to boost digital economy with national action plan
10:14 General Department of Customs warns of tax evasion schemes in steel imports
21/11 VN must diversify its textile export markets
21/11 Shrimp exports surge in 10 months, generating US$3.2 billion
21/11 Vietnam aims to increase rice market share in Africa
20/11 Trade growth between Vietnam and Americas promoted by FTAs
20/11 Enterprises urged to tap potential to expand official exports to EU
19/11 Solutions discussed to ensure coal supply for electricity generation in 2025
19/11 Workshop seeks ways to attract Japan’s green investment to Vietnam
19/11 VN-UK trade continues to grow
Older News
02/05 Foreign investment disbursement hits record high in the first four months
02/05 Difficulties faced in negotiations of power purchase agreements: EVN
02/05 Agro-forestry-aquatic product exports post trade surplus of US$4.74 billion in four months
24/04 VN's economy forecast to grow by 5.5 per cent in 2024
24/04 EVN seeks PM's solutions for solving challenges in PPA negotiations
24/04 Standard Chartered revised down Việt Nam’s 2024 GDP growth forecast to 6%
24/04 Vietnamese PM outlines three key breakthroughs for ASEAN's path to digital excellence
19/04 VN's exports $25.77 billion to the US in Q1
17/04 Vietnamese airlines boost capacity amid holiday rush despite aircraft shortage
16/04 Private sector contributes 45% of GDP
 
Newsletter Signup
Top Stories
VCCI recommends mineral mining rights be granted through auction and bidding
Central bank works to raise interbank rates and ease forex market
Inflation a concern following salary increases
National Council for Sustainable Development established
Việt Nam, Cambodia look forward to $20 billion trade
Market Update
Last updated at 3:05:02 PM
VN-INDEX 1,228.10 -0.23/-0.02%
Real-time chart
Top 5 Actives
Top 5 Gainers
Top 5 Losers
My Favorite Quotes
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.