Despite an uptick in May, Vietnam’s five-month export turnover has witnessed a large annual drop, reflecting difficulties in local production and global demands
Total revenue from retail sales of consumer goods and services in May was estimated at 519 trillion VND (22.09 billion USD), an increase of 1.5% over the previous month and 11.5% year on year thanks to the long holidays in the beginning of the month, according to the General Statistics Office (GSO).
Vietnam’s export-import value in the first four months of this year was estimated at 210 billion USD, down 13.6% year-on-year, with a trade surplus of 6.35 billion USD.
In the face of domestic and international economic difficulties, the most effective support for enterprises is to create an equal, open and transparent business environment, according to Do Thi Ngoc, head of the General Statistics Office (GSO) s Department of General Statistics.
Vietnam is likely to welcome the 100 millionth citizen in April, according to the Population and Labour Statistics Department under the General Statistics Office (GSO).