Vietnam’s export revenue hits $1 billion in first five months

In the first five months of the year, Vietnam’s export revenue reached to $1 billion into eight markets.

Vietnam’s export revenue hits $1 billion in first five months

Vietnam earned $1 billion to sell commodities to eight nations including the US, Netherlands, Hong Kong ( China), United Arab Emirates, Austria, United Kingdom, Germany, and India.
Of which, export to the US reached nearly $13 billion accounting for 49 percent of total export value.
Whereas, imports of five other nations into Vietnam hit $1 billion in the first five months including South Korea, China, Taiwan ( China), Thailand and Malaysia. South Korea and China are leading with over $11 billion imports each.
According to the General Customs Department, in the first five months of the year, export turnover of foreign direct investment (FDI) enterprises achieved $66 billion, a year-on-year increase of 16.8 percent while import turnover was $53.8 billion, up 8.6 percent. Therefore, FDI enterprises having surplus in the first five months were $12.5 billion.

By CHE HAN – Translated by UYEN PHUONG

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