Vietnam Sept trade surplus likely narrows to $500 mln from $3.44 bln in Aug

Sep 30th at 07:55
30-09-2019 07:55:11+07:00

 

Vietnam Sept trade surplus likely narrows to $500 mln from $3.44 bln in Aug

Vietnam is likely to record a trade surplus of $500 million in September, significantly narrowing from a surplus of $3.44 billion in August, government data released on Saturday showed.

Exports in September are likely to rise 9.0% from a year earlier to $23.0 billion, while imports are likely to rise 15.6% to $22.5 billion, the General Statistics Office said in a statement.

For the first nine months, exports are forecast to increase 8.2% from a year earlier to $194.3 billion, while imports are set to increase 8.9% to $188.4 billion, resulting in a trade surplus of $5.9 billion, the GSO said.

The GSO’s trade data is often subject to significant revision in the following month.

tuoitrenews



NEWS SAME CATEGORY

Consumer price index to be controlled at low level of 3.3-3.5% in 2019

If there are no unexpected factors in the remaining months of the year, it is feasible to control the consumer price index (CPI) this year at a low level of 3.3-3.5...

Jan-Sept GDP growth highest in 9 years

Vietnam posted its highest Jan-Sept GDP growth in nine years at 6.98 percent, with manufacturing and services sectors leading the way.

Public spending lags behind plan

Total public investment spending reached VND192 trillion (US$8.25 billion) from January-September, the Ministry of Finance reported at an online meeting yesterday.

Bac Ninh vows to facilitate foreign firms

The northern province of Bac Ninh has always created the best possible conditions for foreign investors including those from South Korea.

IPs and Ezs attract $10b FDI in nine months

Industrial zones (IPs) and economic zones (EZs) attracted 397 foreign direct investment (FDI) projects with estimated registered capital of US$10.1 billion in the...

Binh Duong attracts $2.4b in FDI

The southern province of Binh Duong reported an 81 per cent jump in foreign direct investment in the first nine months to US$2.42 billion.

Vietnamese infrastructure discourages foreign investors

Many foreign investors have expressed interest in the Vietnamese market but poor infrastructure and logistics have made them hesitant to do business here in the...

PM seeks stronger economic cooperation with Belarus

Prime Minister Nguyen Xuan Phuc said he backs proposals to boost trade and economic cooperation between Vietnam and Belarus, while meeting with Belarusian Deputy PM...

Forbes' list names two VN CEOs

The chief executive officers of two Vietnamese companies – budget carrier Vietjet and dairy firm NutiFood – have been named among the 25 most powerful businesswomen...

HCM City collective economic model achieves good results

 HCM City has achieved positive results in the implementation of its collective economic model, with an increase in the number of co-operatives and their quality...


MOST READ


Back To Top