Trade surplus touches US$176 million in eight months

The latest export-import data shows that Vietnam saw trade surplus of US$176 million in the first eight months of this year.

In August, imports and exports exceeded $23 billion, up 1.9 percent compared to the previous month. Thus, the country’s import and export turnover reached $85.16 billion in the first eight months of this year, an increase of 15.1 percent year-on-year.

Exports in the foreign direct investment sector hit $51.55 billion in eight months, not including crude oil, climbed up 26.7 percent year-on-year and accounted for 60 percent of the country’s total export turnover.

Earlier, the General Statistics Office estimated that trade gap would be at $577 million in the first eight months.

By H.My – Translated by Thuy Doan

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