Foreign firms lead as Vietnam posts trade surplus of $676 mln in Jan-Feb

Thanh Nien News

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An undated photo of a Vietnamese seafood factory. Photo: Chi Nhan An undated photo of a Vietnamese seafood factory. Photo: Chi Nhan
Despite a slight deficit in February, Vietnam's saw a trade surplus of US$676 million in the first two months this year, according to new customs figures from the customs.
The country's exports hit $23.68 billion, up 3 percent year on year. Foreign-invested businesses accounted for more than 70 percent of the total shipments. Phones, garments and electronics continued to be Vietnam's top exports, customs said.
Vietnam's imports fell 5.7 percent year-on-year to $23 billion.
The country saw a trade deficit of $3.54 billion last year, after surpluses in three consecutive years. Over the past few months, trade kept bobbing back and forth between deficits and surpluses.

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