THE SOCIALIST REPUBLIC OF VIET NAM
Government News
Trade balance shows positive signs
VGP – Export turnover reached US$ 16.7 billion in April, bringing the total value to US$ 61.3 billion in the first fourth months, up 15.4% against the same period last year, according to the General Statistics Office (GSO).
|
|
|
Source: The General Statistics Office |
The figures were assessed as positive signs amidst the current difficult global economic period.
The export growth rates also surpassed the preset goal of the National Assembly (6-7%). Almost all export groups saw sharp growth rates ranging from 12-43%.
In addition, export turnover of the domestic sector, the driving force for the domestic economy grew dramatically, even equal to that of the FDI sector with 16.1%.
Accordingly, in January-April, overseas shipment of the domestic sector valued at US$ 17.3 billion, representing a year-on-year surge of 13.7%. The rate was much higher than the 3.4% rate recorded in the same period last year.
In the first four months, trade gap with China dropped. The Republic of Korea emerged as the biggest trade partner of Viet Nam./.
By Kim Anh