Viet Nam’s export turnover of goods in the first six months of 2021 hit 157.63 billion USD, up 28.4 percent year-on-year, according to the General Statistics Office (GSO).

Processing canned pineapple products at a factory of An Giang Agricultural Import-Export JSC (Photo: VNA)

The country’s export value in June alone reached 26.5 billion USD, up 1.2 percent compared to the previous month and 17.3 percent over the same period last year.

Notably, five groups of products reported export turnover of over 10 billion USD in the Jan-June period, accounting for 58 percent of the total export value.

During the reviewed period, Viet Nam spent 159.1 billion USD on imports, up 36.1 percent year-on-year. 

As a result, Viet Nam experienced a trade deficit of 1.47 billion in the first half of 2021 as compared to a trade surplus of 5.86 billion USD in the same period last year, the GSO said.

According to the Ministry of Industry and Trade (MoIT), when the third wave of COVID-19 outbreaks hit the country at the beginning of the year, it has closely followed the market situation and proactively implemented a series of solutions to remove difficulties and promote production and business, towards realising growth goals.

Vu Ba Phu, Director of the MoIT’s Viet Nam Trade Promotion Agency, said the ministry has paid special heed to stepping up trade promotion through business-matching events, and taking measures to fully tap benefits from free trade agreements (FTAs) Viet Nam signed with partners, thus further boosting its exports.

Source: VNA