VN enjoys $1.08b trade surplusViet Nam recorded a trade surplus of approximately US$1.08 billion in the first two months of this year, mainly fuelled by foreign-invested businesses, which saw a surplus of $4.76 billion. Viet Nam’s export turnover jumped 23 per cent year-on-year to US$33.62 billion in the first two months of this year. — Photo thuongmai.vnMeanwhile, the domestic-invested sector experienced a trade deficit of $3.68 billion in the January-February period, reported the General Statistics Office (GSO) on Wednesday. During the reviewed period, the country’s export turnover jumped 23 per cent year-on-year to $33.62 billion while its imports stood at $32.54 billion, up 15.3 per cent year-on-year. According to the Ministry of Industry and Trade (MoIT), global trade is predicted to grow by 3.9 per cent in 2018, and this is expected to help Viet Nam’s trade growth.

Source: VietNamNet News March 02, 2018 08:52 UTC