Monday, 15/06/2020 10:59 (GMT+7)
Vietnam produced trade surplus worth roughly USD1 billion in May, thus raising the country’s five-month surplus to over USD3.5 billion, the General Department of Customs reported.
Computers, electronic products and components are among the groups of the country's top hard currency earners
The department’s preliminary data showed Vietnam earned USD19.19 billion from exports in May alone, up 9.1% compared to May 2019, and imported USD18.18 billion worth of commodities, down 0.9%.
Meanwhile, the first five months of the year saw Vietnamese export value fall 0.9% compared to the same period last year to nearly USD100.21 billion, and the import value decline 4.6% to USD96.67 billion.
However, exports to Vietnam’s major markets all increased considerably, including China (up USD2.43 billion), the US (up USD700 million), the EU (up USD502 million) and ASEAN (up USD22.8 million).
Worthy of note is that in the review period 5 groups of export commodities that earned turnover of more than USD1 billion each include computers, electronic products and components; phones and accessories; garments and textile; machinery, equipment and spare parts; and footwear.
The May figures showed the export market has begun to pick up in the context of the novel coronavirus being gradually brought under control in a number of markets./.
CPV/VOV