The General Department of Vietnam Customs said the country had a trade deficit worth 400 million USD in November, equivalent to 1.9 percent of total export value.
General Department of
Vietnam Customs said the country had a trade deficit worth 400 million USD in
November, equivalent to 1.9 percent of total export value (Illustrative photo:
VNA)
Specifically, the nation’s
foreign trade in the month was valued at an estimated 43.6 billion USD, down
1.6 percent from the previous month. Of the figure, total export revenue went
down by 4.1 percent to 21.6 billion USD, while import value increased by 1.1
percent to 22 billion USD.
The November figure brought the 11-month foreign trade value to 440.45 billion
USD, up 13.4 percent from the same period in 2017. Despite the deficit in
November, the period still saw a trade surplus worth more than 6.8 billion USD
for the January-November period.
In terms of exports, the item with the highest revenue in the period was
telephone and parts, with 46.14 billion USD, up 11.5 percent year on year. It
was followed by textile-garment with 27.77 billion USD, up 17.4 percent, and
computer, electronics and parts with over 27 billion USD, up 13.9
percent.
In terms of imports, the country spent 38.7 billion USD on computers,
electronics and parts, an increase of 13.6 percent, 30.71 billion USD on
machinery, equipment, tool and spare parts, down 0.7 percent.
Source: VNA
After more than four years of implementing a project launched by the Hoa Binh Party Committee’s Standing Board on developing agriculture and promoting product consumption linked with building new-style rural areas for the 2021-2025 period, the province’s industry and trade sector has made significant strides, greatly contributing to local socio-economic development.
Luong Son district has identified 2025 as the year for the accelerated breakthrough to successfully implement the socio-economic development plan for the 5-year period from 2021 to 2025. The district has been focusing on executing the plans and trying to achieve a GRDP growth rate of approximately 15%.
Since the beginning of this year, under the direction of the Department of Agriculture and Environment, the Sub-Department of Agricultural, Forestry, and Fishery Product Quality Management has strengthened the integration of the professional activities to promote and guide the organizations and individuals in the production and trading of agricultural, forestry, and fishery products to comply with the legal regulations regarding the use of chemicals, pesticides and veterinary medicines in crop cultivation, livestock farming and aquaculture. They also provide guidance to processing and manufacturing establishments on keeping the records to trace the product origins and using food additives from the approved list according to the regulations.
Hoa Binh province saw a significant rise in state budget revenue in the first two months of 2025, heard a meeting chaired by Vice Chairman of the provincial People’s Committee Quach Tat Liem.
Ha Thi Ha Chi, a 26-year-old graduate in law, has taken an unconventional path by returning to her hometown in Mai Chau district to establish the Tong Dau Cooperative, creating stable jobs for local women and bringing Thai ethnic brocade weaving to the global market.
As the Lunar New Year 2025 approached, pork prices surged, creating a profitable season for farmers in Tan Vinh commune, Luong Son district. Taking advantage of the rising demand, Can Minh Son, a farmer from Coi hamlet, sold over 30 pigs at 69,000 VND/kg, each weighing more than 100 kg. After deducting expenses, his family earned a profit of over 50 million VND.
