Vietnam's exports surge in first nine months

ABO/VNA - Vietnam recorded a trade surplus of 5.4 billion USD in the first nine months of 2018, with export turnover reaching nearly 179 billion USD, up 15.4 percent from the same period last year, according to the General Statistics Office.

From January to September, 26 export commodities brought in more than 1 billion USD in export value, making up 90.3 percent of the country’s total export revenue. Five of them grossed a revenue of more than 10 billion USD, accounting for 58.2 percent of the total export value.

Textiles and garments saw the highest growth to hit 22.6 billion USD, up 17.1 percent year-on-year. The sector was followed by phones and accessories; electronic products; and machinery. These increases will create an impetus for the growth in the year’s last quarter.

(Source: VNA)