Import-export revenue hit nearly 38 billion USD in October

Vietnam’s total import-export revenue is expected to reach 37.9 billion USD in October, a rise of 0.8 percent from the previous month, reported the General Department of Vietnam Customs.

Illustrative Image (Pho to: Thai Thien).

Of the total, Vietnam’s exports hit 19.4 billion USD, up 0.3 percent, while imports were 18.5 billion USD, an increase of 1.4 percent.

The results raised the country’s total trade so far this year to 346.22 billion USD, a surge of 21.3 percent over the same period in 2016, with exports reaching 173.72 billion USD and imports of 172.49 billion USD, up 20.7 percent and 22 percent respectively.

In October, Vietnam enjoyed a trade surplus of 900 million USD, pushing the total surplus in the first 10 months to 1.23 billion USD.

At the same time, State budget collection as of October 25 was 232.785 trillion VND (1.02 billion USD), 81.7 percent of total estimate and a 10.36 percent rise over 2016.

Based on the results, total income of the country in hit 23 trillion VND (100 million USD) in October and 237 trillion VND (1.04 billion USD) in the January-October period.

(Source: VNA)