Investment Thứ sáu, 15/02/2019 09:55

Import-export turnover likely to hit US$500 billion in 2019

The total turnover of Vietnam’s import-exports is expected to reach US$500 billion this year, according to the General Department of Vietnam Customs.


The department noted that 2018 saw a number of records broken for the nation’s import-export goods. Accordingly, the country’s total import-export value hit a record US$480.17 billion, over US$52 billion higher than recorded in 2017.

The Vietnamese economy’s openness index (total import-export value/GDP) was estimated at 196 per cent in 2018, whilst last year also marked the third consecutive year that the nation enjoyed a trade surplus.

The department said if imports and exports increased by 5 per cent, the country’s import-export turnover is likely to hit US$500 billion by the fourth quarter of 2019.

(Source: VOV)

Leave your comment on this story






GALLERY

Golf tourism to attract more international visitors to Vietnam
Xuan Son National Park develops community tourism
Ninh Binh to host National Tourism Year 2020
Ninh Binh welcomes nearly 2 million visitors in first two months