TRADE TURNOVER MEETS 57.9% OF FORECAST IN JAN-FEB PERIOD

By the end of July, total value of export and import activities was estimated at VND 165 trillion, equivalent to 57.9% of forecast, representing a year-on-year surge of 8.9%, the Ministry of Finance reported.

In July, trade turnover was estimated at VND 22 trillion. After finalizing VAT refunds (about VND 6.1 trillion), budget collection was estimated at VND 15.87 trillion.

By the end of July, trade turnover hit VND 165 trillion, meeting 57.9% of forecast. State budget collection valued VND 105.58 trillion, or 58.7% of forecast.

The General Department on Customs reported that total trade value in July was estimated at US$ 35.3 billion, down 1.6% against June.

In the first seven months, total trade turnover hit US$ 233.52 billion, up 18.2% against the same period last year.

Source: VGP


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