#Vietnam Customs

Vietnam slipped into a trade deficit of nearly US$4 billion in the first half of February due to a fall in exports, according to the General Department of Vietnam Customs.

Vietnam exported 79,900 tonnes of tea, worth US$133 million during the opening eight months of the year, down 5.6% in volume and 1.4% in value year on year, according to statistics from the General Department of Vietnam Customs.

The nation exported goods worth US$2.96 billion to Taiwan (China) during the eight months of the year, representing an annual decline of 2.3%, according to statistics released by the General Department of Vietnam Customs.

Vietnam raked in US$369.2 million from exporting timber and wooden products to the Republic of Korea (RoK) during the five months of the year, an increase of 7% against the same period last year, according to the General Department of Vietnam Customs.

Vietnam remains the largest commodity supplier of the ASEAN bloc to France despite accounting for a modest share of their overall imports, according to the General Department of Vietnam Customs.

The total import and export value of foreign direct investment (FDI) enterprises in January saw a surge of 60.1% to US$39.16 billion, equivalent to an increase of US$14.69 billion, according to figures compiled by the General Department of Vietnam Customs.

Vietnam’s total trade turnover amounted to US$100 billion between January and March 19, according to Vietnam Customs.

The General Department of Vietnam Customs said the country had a trade deficit worth US$400 million in November, equivalent to 1.9% of total export value.

PSNews – A representative of the US Government on September 24 handed over Vietnam Customs an X-ray scanner machine valued at 200,000 USD. The support is part of the Export Control and Related Border Security program.

The total value of the country’s imports and exports from the beginning of the year to June 15 is estimated at US$204.72 billion, up 13.2% on the same period last year, according to the latest statistics from the General Department of Vietnam Customs.

Dragon fruits have dominated Vietnamese fruit exports in the first four months of 2018 with total exports reaching US$427 million, a year-on-year increase of 9%.

PSNews – General Director of the Vietnam General Department of Customs Nguyen Van Can and Acting Comptroller of New Zealand Customs Christine Stevenson on November 6 signed a cooperation program in the period 2017-2019. 

PSNews –The Vietnam customs’ revenue in 2016 reached 272,239 billion VND, or 100.8% of the amount tasked by the National Assembly, and up by 3.8% compared to 2015.

Vietnam exports to Canada rose 9.54% to nearly US$2.5 billion for 11 months leading up to December 2016, according to Vietnam Customs.

The US, the world's largest diamond market by total dollar sales, is increasingly turning to coloured gemstones from Vietnam as its jewellery of choice, according to data compiled by Vietnam Customs.

The customs sector has identified implementing the Trade Facilitation (TF) Agreement of the World Trade Organisation as a priority in the Asia-Pacific Economic Cooperation (APEC) Year 2017.

Vietnam’s fruit and vegetable exports reached more than US$1 billion while imports jumped 36.9% to more than US$500 million for the eight months leading up to September of 2016, according to the Vietnam Customs.