According to preliminary data of the General Department of Customs, in October 2022, the total import and export value of Vietnam's goods is estimated at 58.27 billion USD, approximately the same as the import and export value of the previous month (slightly increased 70 million USD). In which, the total export value increased by 1.5% and the total import value decreased by 1.3%.
The total import-export value of the country in 10 months increased by more than 14% in absolute terms compared to the same period in 2021. In which, the total export value increased by 15.9% and the total import value increased by more than 12%.
Thus, in October, the country had a trade surplus of 2.27 billion USD. Generally from the beginning of the year to the end of October 2022, the country has an estimated trade surplus of 9.4 billion USD.
Also according to information from the General Department of Customs, state budget revenue from import and export activities from October 1-31 reached 32,490 billion VND. Accumulated from January 1 to October 31, reaching 103% of the assigned balance, reaching 86.3% of the striving target, an increase of 14.6% over the same period in 2021.
Australia has made another stride in its agriculture sector by announcing an agreement to export plums to Vietnam in the near future, in addition to the current exports of peaches and nectarines. This project is part of a two-way agricultural market access agreement aimed at providing Australian plums to Vietnam and Vietnamese passion fruit to Australia.
Vietnamese tuna is enjoying many advantages in the UK market thanks to tariff incentives from the UK - Vietnam Free Trade Agreement (UKVFTA).
International media reports indicate that the container ship congestion at Singapore-one of Asia's busiest ports-has reached its worst level since the pandemic and has now spread to nearby ports like those in Malaysia. This situation poses a risk to the global supply chain and is causing delays in the shipment of goods within the region.
The Mid-Autumn Festival is upon us once again, bringing with it joy and warm moments of reunion.
On August 28, 2024, Glotrans representatives participated in the seminar "The Readiness of Supporting Industries in the Supply Chain for Emerging Technologies" hosted by the Ho Chi Minh City Department of Industry and Trade. This event marks a significant step forward in connecting and developing the supporting industry market in Vietnam.
Glotrans would like to inform our valued Customers and Partners about our National Day holiday schedule as follows: The holiday will start from Saturday, August 31, 2024, to the end of Tuesday, September 3, 2024. We will resume work on Wednesday, September 4, 2024.
