Vegetables, fruits gain trade surplus of $452 million

SGGP
The vegetable and fruit industry posted a trade surplus of US$452.2 million in the first two months this year, according to data from the General Department of Vietnam Customs.

Vietnamese litchi has been exported to Australia (Photo: SGGP)

Vietnamese litchi has been exported to Australia (Photo: SGGP)

Vegetable and fruit export turnover approximated US$354.4 million in February and $737.5 million in the first two months of 2018, a year on year increase of 75.2 percent.
Top ten import markets of Vietnam include China, the US, Japan, Thailand, South Korea, Malaysia, Taiwan (China) and Russia.
During the first two months, vegetable and fruit import turnover was $285.3 million, increasing 75.2 percent over the same period last year. Top ten nations exporting to Vietnam include Thailand, China, the US, Australia, Myanmar, South Korea, New Zealand, South Africa, India and Brazil.
In related news, the General Department of Vietnam Customs reported that the country’s export import turnover was estimated to reach $25.9 billion in February and top $66 billion in the first two months this year, increasing 19 percent over the same period last year.
Of these, export hit $33.62 billion, up 22.9 percent while import approximated $32.5 billion, up 15.3 percent.
Major export items are phones and parts, garment and textile products, computers, footwear, wooden products, seafood, coffee and crude oil. Import items are computer equipment, electronic products, machine and equipment, phones, cloth, petrol, steel, garment and textile materials, leather and footwear and chemicals.

By staff writers – Translated by Hai Mien

Other news

Most view

Banking-finance

VNPT & SeABank cooperate to enhance connections

The Vietnam Posts and Telecommunications Group (VNPT) and SeABank just co-signed cooperation agreement, aiming to develop the two sides’ economic, business and investment potential.


Economy

185 leading domestic & in't enterprises join in VN ETE 2018

The Vietnam Exhibition of Electrical Technology and Equipment (Vietnam ETE 2018) and the Exhibition of Products, Technologies for Energy Saving and Green Power (ENERTEC EXPO 2018) yesterday kicked off in HCMC’s Saigon Exhibition Convention Center in district 7.

Self - introduction

VNPT targets to be leading digital service provider in Vietnam

The grand opening ceremony of the VNPT-Information Technology Company (VNPT-IT), a new member of the Vietnam Posts and Telecommunications Group (VNPT), was held yesterday in Hanoi. With thousands of IT engineers and the focus on developing state-of-the-art technological products related to Artificial Intelligence (AI), Bigdata, and Blockchain, the new company is considered the main force to help VNPT fulfill the goal of becoming a leading digital service provider in Vietnam and an important Digital Hub of the neighborhood as well as the world.

Stock market

SAS profits VND 118bln

The Southern Airports Service Joint Stock Company (Sasco) which is listed under code SAS on the Unlisted Public Company Market (UPCoM), announced its second quarter’s financial report with net revenue at VND 634.5billion, an increase of 14 percent compared to last year.