Vietnam enjoys trade surplus with the US

04:03, 28/03/2014

In the first two months of the year Vietnam achieved a trade surplus of nearly US$3 billion with the US, according to Vietnam Customs statistics.

In the first two months of the year Vietnam achieved a trade surplus of nearly US$3 billion with the US, according to Vietnam Customs statistics.

    Two-way trade between Vietnam and the US was estimated at US$4.9 billion, a year-on-year increase of 25.8%,

    Of the total, Vietnamese export earnings hit US$3.9 billion, up 25%, and its imports fetched US$936 million, up 22%.

    Garments topped Vietnam’s export items to the US, raking in US$1.43 billion in value, rising 15% compared to the same period last year.

    They were followed by shoes (US$444 million, up 23.4%) and wood products (US$293 million, up 19.25%)

    Notably, export earnings from mobile phone handsets and components to the US increased by 11 times against the previous year.

    (Source:VOV)