Topic: statistics

The General Statistics Office has reported that total trade turnover of goods in October stood at $58.27 billion, a 0.1 per cent compared to September and 5.7 per cent year-on-year. Total trade in the first ten months was $616.24 billion, up 14.1 per cent year-on-year. Trade was in surplus by over $9 billion.

Figures from the Ministry of Finance show that as of the end of August, the amount of tax extensions totaled VND52 trillion ($2.2 billion), or 38.5 per cent of the plan. The amount of tax exemptions and reductions, meanwhile, is unprecedented, at nearly VND48 trillion ($2.03 billion).

Figures from the General Department of Customs show that total two-way trade turnover between Vietnam and Russia reached $2 billion in the first half of 2022, down 18.6 per cent. The Russia - Ukraine conflict has had a negative impact on Vietnam’s exports to Russia, with many exporters facing major problems. Some said they left export orders to the country unfilled over concerns about transportation and payment.