State budget saw a surplus of VND95.6 trillion ($4.2 billion) in the first two months of this year despite the negative impact of COVID-19 pandemic and global instability situation.
New records in export turnover were set by key export items for January, making the annual target of $50 billion worth of farm exports feasible.
Vietnam is among the countries in Asia witnessing growth in manufacture of components and sub-assemblies since the region will continue to be a key source of finished goods for the global market.
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Vietnam gained $8 billion from exporting agriculture-forestry-aquatic products in the first two months of 2022, a year-on-year increase of 20.9 percent, according to the Ministry of Agriculture and Rural Development.
Local enterprises recorded a trade deficit of $3.96 billion in the first two months of 2022 while the economy reported $937 billion deficit in the period, according to General Statistics Office.
The consumer price index in February increased by 1.42 percent against the same period of last year, according to latest data from the General Statistics Office.
Although Vietnam’s trade with Russia and Ukraine increased sharply in 2021, the two markets account for only about 1.2 percent, equivalent to $7.8 billion, according to Ministry of Industry and Trade.
Two-way trade between Vietnam and India in 2021 surpassed $13 billion for the first time, up 36.5 percent compared to the previous year.
Vietnam’s inflation remains under control: World Bank
Vietnam’s January trade surplus shrinks to $1.4 bln from $2.09 bln
Vietnam’s economic growth expected at 5.5% in 2022: World Bank
Vietnam’s industrial output projected to grow 7-8% in 2022
Vietnam’s 2021 CPI lowest in five years: GSO
Vietnam’s 2021 state budget deficit seen below 4% of GDP
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