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Vietnam Trade Surplus Surges to USD7.63B on Exports Boom

(MENAFN) Vietnam's economy delivered a commanding performance in the year's opening half, generating a substantial trade surplus of $7.63 billion, according to Saturday's announcement from the National Statistics Office.

The Southeast Asian nation's combined trade volume soared to $432.03 billion during the six-month span, representing a robust 16.1% surge compared to the previous year's corresponding period.

Export activities climbed 14.4% year-over-year, while the country's import appetite expanded even more aggressively at 17.9% growth versus the same timeframe in 2023.

The export sector demonstrated remarkable strength across multiple categories, with nine product segments each crossing the $5 billion threshold. Leading performers included computer technology, electronic components, textile manufacturing, leather goods, and timber products.

This impressive trade performance underscores Vietnam's growing influence in global supply chains and its ability to maintain competitive export momentum despite international economic headwinds.

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