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You are here: Home / Export revenue in nine months picks up despite pandemic

Export revenue in nine months picks up despite pandemic

· October 5, 2020 ·

Vietnam gains nearly 17 billion USD in trade surplus during January-September (Photo: VietnamPlus). Vietnam’s export revenue racked up a 4 percent year-on-year increase during January – September to 202.4 billion USD in the context that the COVID-19 pandemic has weighed on the international trade, according to the Ministry of Industry and Trade (MoIT).domestic sector remained a driver of export growth, as it earned 71.4 billion USD from shipments abroad, rising 19.5 percent from the same time last year.free trade agreements (FTAs) served as a booster for Vietnamese exports. export revenue of more than 1 billion USD. Together they accounted for 91.3 percent of the total export value of the country. Vietnam officially implemented the Vietnam – EU Free Trade Agreement (EVFTA) from the beginning of August. The implementation has seen positive results. In the first month after the EVFTA took effect, exports to the EU rose 4.65 percent against July to 3.25 billion USD. The export revenue continued its momentum in September, surging 14.4 percent year-on-year. Orders from the EU for Vietnamese seafood rose 10 percent month on month in August, and the export value of those products to this market picked up 1.7 percent from thte same period last… Read full this story

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Export revenue in nine months picks up despite pandemic have 317 words, post on en.vietnamplus.vn at October 5, 2020. This is cached page on Talk Vietnam. If you want remove this page, please contact us.

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