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VN gains small trade surplus in first half of August

VGP – Viet Nam saw a small trade surplus of US$ 17 million in the first half of August after suffering a trade deficit the previous month, according to the General Department of Customs.

August 25, 2014 9:46 AM GMT+7

The General Department reported that export volume valued US 6.193 billion and import turnover was US$ 6.176 billion. 

The positive results have lifted the trade surplus earned so far this year to US$ 1.81 billion.

As of mid August, export value touched US$ 90.079 billion, while the import value was US$ 88.268 billion.

Thanks to the high export value of foreign firms with a trade surplus of US$ 313 million in the first half of August, the small trade surplus was made.

The textile and garment sector beat mobile phones to become the top earning sector with US$ 1.07 billion in export revenue./.

By Kim Anh