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Trade, price and services situation in eight months of 2015 

 Tuesday, September 1,2015

AsemconnectVietnam -  

Retail sales of consumer goods and services:Generally, in eight months, total retail sales of consumer goods and services was estimated to reach 2116.7 trillion dongs, increased by 10.1% from the same period last year (if the factor of inflation were excluded, it would be 9.1%, higher than the growth of 7.8% in 2014’s similar period). By kinds of economic activity, retail sales of goods in eight months reached 1608.2 trillion dongs, accounted for 76% of the total and rose 10.8% against the last year’s similar period; accommodation and catering services gained 246.8 trillion dongs, took 11.7% and rose 7%; travelling reached 19.6 trillion dongs, represented 0.9% and dropped by 1.2%; other services achieved 242.1 trillion dongs, accounted for 11.4% and rose 9.7% respectively.
Exports, imports: Generally, in eight months, export turnovers was estimated to reach US$106.3, increased by 9% from the same period last year, of which the domestic economic sector achieved US$31.7 billion, decreased by 2.5%; the FDI sector (including crude oil) reached US$74.6 billion, grew by 14.7%. About the export market in eight months, the
United States was the biggest market of Vietnam with export turnover of US$22.1 billion, a rise of 19.8% compared to the last year’s same period. The next were EU with US$20.2 billion, a rise of 12.3%; ASEAN with US$12.3 billion, a decrease of 3%; China with US$10.4 billion, an increase of 5.6%; Japan with US$9.3 billion, a drop of 4.9%; South Korea with US$5.1 billion, a rise of 16.5%.

Import turnovers in eight months reached an estimate of US$109.9 billion, rose 16.4% over the last year’s similar period, of which the domestic economic sector gained US$44.7 billion, 7.7% increase; the FDI sector achieved US$65.2 billion, a rise of 23.2%. Regarding the import market in eight months, China continued to be the largest market of Vietnam with an estimated import turnover of US$32.7 billion, accounting for 29.8% of the total import turnover and a growth of 20.4% compared to the similar period last year. The next were South Korea with US$18.8 billion, up 34.8%; ASEAN with US$16 billion, up 5.3%; Japan with US$9.8 billion, up 23%; EU with US$6.5 billion, up 12.7%; the United States with US$4.9 billion, up 17.8%.

Estimated trade deficit in eight months of 2015 was US$3.6 billion, equaled 3.4% of export turnovers, of which the domestic economic sector had a trade deficit of US$13 billion; the FDI sector had a trade surplus of US$9.4 billion.

Source: General statistics office 
 

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