General

Foreign trade expected to set new record this year


A sharp rise has been recorded in foreign trade over the past few months, and if this upward trend is sustained, this year’s foreign trade turnover is likely to break the record of 732 billion USD set in 2022. During the first eight months of this year, overseas shipments topped 265 billion USD, rising 15.8% year on year. Meanwhile, imports have also been on the rise to serve export manufacturing. The value increased 17.7% from a year earlier to 246 billion USD during the period. As a result, Vietnam gained a trade surplus of 19.07 billion USD, statistics show.

Source: Vietnam News Agency