Trade turnover reaches milestoneTotal trade turnover has recently exceeded $400 billion, a four-fold increase in the decade since 2007 and a major milestone for Vietnam, Deputy Prime Minister Vuong Dinh Hue said on December 19. According to the General Department of Vietnam Customs, import and export turnover stood at $30 billion in 2001. By 2011, trade had doubled to $200 billion and then stood at $300 billion in 2015. Trade turnover broke thought the $400-billion mark in mid-December and Vietnam Customs expects the annual figure to come in at $410 billion. In 1990, he explained, trade turnover was just $2.5 billion, compared to $26 billion in Africa.

Source: VietNamNet News December 21, 2017 11:37 UTC