January trade in surplus by $3.63bln

Vietnam’s total trade value in January reached $65.43 billion, a year-on-year increase of 40.3 per cent, the General Department of Vietnam Customs announced on February 22.

Total export turnover came in at $34.53 billion, up 46 per cent year-on-year, of which FDI enterprises contributed $24.87 billion.

Export growth was seen in many key products, including computers, electronics, and components, with 37.5 per cent; machinery and equipment 4 per cent; garments and textiles 42.5 per cent; footwear 39.1 per cent; and wood and wooden products 31.7 per cent.

Import value was estimated at $30.9 billion, up 34.4 per cent compared to the same period last year.

Vietnam therefore posted a trade surplus of $3.63 billion.