Vietnam sees trade deficit of $3.07bn in first half

GMT 04:44 2015 Saturday ,18 July

Arab Today, arab today Vietnam sees trade deficit of $3.07bn in first half

Vietnam trade
Hanoi - XINHUA

Vietnam saw a trade deficit of 3.07 billion U.S. dollars in the first half (H1) of 2015, according to the latest report by Vietnam Customs on Friday.

The figure is lower than the earlier estimation of 3.75 billion U.S. dollars by the country's General Statistics Office (GSO).

The report by Vietnam Customs showed that, in the six-month period, Vietnam's total trade revenue reached over 158.6 billion U. S. dollars, up 13 percent year-on-year.

Among which, the country earned 77.77 billion U.S. dollars from exports, up 9.3 percent year-on-year while spending 80.84 billion U.S. dollars on imports, up 16.7 percent year-on-year.

During the January-June period, trade revenue of foreign direct investment (FDI) companies stood at 100.7 billion U.S. dollars, up 22 percent compared to the same period of 2014, accounting for 63. 5 percent of the national total.

Meanwhile, domestic firms witnessed import-export revenue of 57. 9 billion U.S. dollars in H1, said Vietnam Customs on its website on Friday.

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