Vietnam posts 1.86-billion-USD trade surplus in June

(VOVWORLD) - Vietnam recorded a trade surplus of 1.86 billion USD in June, almost four times the 500 million USD predicted by the General Department of Vietnam Customs.  

Vietnam posts 1.86-billion-USD trade surplus in June - ảnh 1

Vietnam's export revenue in June hits 122.78 billion USD, up 0.2% year on year.

(Photo: VTV)

So far this year, Vietnam’s total export revenue was 122.8 billion USD while it spent 117.3 billion USD on imports, resulting in a trade surplus of 5.46 billion USD. 

Vietnam’s major earners were computers, electronic devices and spare parts, mobile phones and spare parts, garments, textiles, and footwear.

A trade surplus will he helpful to Vietnam’s foreign exchange reserves, international balance of payments, and the VND exchange rate. This was a particularly encouraging result for a period in which the COVID-19 pandemic was devastating markets.

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