Hanoi: Vietnam’s total import-export turnover between January and September reached 680.66 billion USD, up 17.3% year-on-year, according to the National Statistics Office (NSO) under the Ministry of Finance. The country’s exports stood at 348.74 billion USD, a 16% increase compared with the same period last year. Of the figure, the domestic economic sector contributed 85.41 billion USD, up 2% and accounting for 24.5% of the total, while the foreign-invested sector (including crude oil) brought in 263.33 billion USD, up 21.4% and making up 75.5% of the total.
According to Vietnam News Agency, the rise in turnover reflects significant growth in both the domestic and foreign-invested sectors. The domestic sector’s exports rose by 2%, contributing 85.41 billion USD and accounting for 24.5% of the total export value. Meanwhile, the foreign-invested sector, including crude oil, saw an increase of 21.4%, amassing 263.33 billion USD and representing 75.5% of the total exports.
The data highlights the substantial role of foreign investments in Vietnam’s trade activities, marking a robust performance for the foreign-invested sector over the period. The growth in trade turnover underscores the expanding economic activities in the country and reflects positive trends in its trade dynamics.