Five month exports to U.S. hit $14.6 billion

Vietnam’s total export import turnover to the U.S. reached US$17.8 billion in the first five months this year, of these export value hit $14.6 billion, according to data announced at a seminar hosted by the Vietnam Chamber of Commerce and Industry in HCMC yesterday.

Production of wooden furniture at an export company (Illustrative photo: SGGP)

The export import turnover was US$41.5 billion with US$33.5 billion being from export activities last year.

By the end of May this year, the U.S. has 809 projects in Vietnam with the total registered capital of US$10.8 billion, ranked 8th among over 100 nations and territories investing in Vietnam.

American businesses invested in 54 projects with total registered capital of US$217 million in 2015 alone.

American visitors to Vietnam hit 491,000, up 10.7 percent over 2014. The number reached 245,000 visitors in the first five months this year.

By Minh Hai – Translated by Hai Mien

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