Nation reports continued trade surplus

In the face of many difficulties caused by the COVID-19 pandemic, maintaining the trade surplus is one of the remarkable achievements of import and export activities.

Accordingly, Vietnam's total export and import value of goods in the first half of June reached USD20.57 billion, an increase of 3.3%, equivalent to USD651 million, compared to the second half of May.

Of which, export value reached USD10.37 billion in the first half of June, making the total export value of the whole country since the beginning of this year USD110.56 billion, a slight year-on-year reduction of 0.7%.

Meanwhile, the country's total import value of goods reached USD106.81 billion since the beginning of the year, a year-on-year reduction of 3.9%, or USD4.34 billion.

In the remaining months of the year, Vietnam's import and export will likely continue to recover; however, the value is forecast to decline compared to 2019 due to the complex development of COVID-19 around the world, causing difficulties in obtaining the target of USD300 billion in export turnover.

To support businesses, the Ministry of Industry and Trade is disseminating information about how to utilize the advantages brought about by free trade agreements; developing export markets and removing barriers to penetrate new markets; diversifying export markets and reducing dependence on some markets./.