FDI firms account for 70.3 percent of Vietnam’s export turnover

Foreign direct investment (FDI) sector posted an export turnover of US$117.99 billion as of December 15 this year, increasing 11.5 percent over the same period last year and accounting for 70.3 percent of the country’s number.

Vinamit fruit processing plant Binh Duong province (Photo: SGGP)

According to General Customs Department, the sector’s import turnover saw a year on year increase of 5.4 percent to $97.52 billion, contributing to 59 percent of the country’s value.

Vietnam’s export value neared $167.83 billion, up 8.5 percent equivalent to $13.11 billion against a year back. Import turnover touched $165.23 billion, up 4.3 percent equivalent to $6.85 billion.

Total export import turnover approximated $333.06 billion, a year on year increase of 6.4 percent equivalent to $19.96 billion over the same period last year.

The country saw a trade deficit of $228 million within the first half of this month but enjoyed a trade surplus of $2.59 billion this year.

By T. Tuyet – Translated by Hai Mien

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