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Vietnam posts $2.5bn trade surplus in 2016, exports rise 9%: customs

19/01/2017

Employees of shoemaker Dong Hung Co. work at the company's plant in Binh Duong Province, located in southern Vietnam. Footwear products of Vietnam are among many export items to have faced anti-dumping lawsuits overseas in the past years.
Tuoi Tre

HANOI, Jan 17 — Vietnam posted a trade surplus of US$2.52 billion in 2016, reversing from a $3.55 billion deficit a year earlier, the customs department said today.

Exports last year expanded 9 percent to $176.6 billion, and while imports rose 5.2 percent to $174.1 billion, the Finance Ministry-run Vietnam Customs said on its website.

In December, the Southeast Asian nation posted a trade deficit of $494 million in December, with exports rising 2.8 percent from a month earlier to $16.6 billion, while imports increased 4.3 percent from November to $17.1 billion, the report said.

Reuters

Updated : 01/18/2017 08:25 GMT + 7

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