Vietnam saw a trade surplus of some US$2.25 billion in the first seven months of this year, higher than earlier estimates, according to data from Vietnam Customs.
Statistics on local companies showed that the country’s real trade surplus during the period January-July 2016 stood higher than the previous estimate made by the General Statistics Office (GSO).
The GSO had said that Vietnam was likely to enjoy a trade surplus of some $1.8 billion for the period, according to a report by VGP News.
In the same period, exports rose by 5.4% year-on-year to $97.0 billion.
Of this figure, foreign direct investment firms contributed $67.6 billion, up 8.6% year-on-year.
Phones and accessories, valued at about $19.6 billion and up 14.3% from the same period last year, made up the largest share of exports.
Machinery and equipment remained the main imports and continued to post the highest revenue, reaching $15.3 billion, though this was a 6.3% drop from the same period last year.
Photo: Tonbi ko
