May 06, 2020 | 18:32 (GMT+7)
Vietnam records trade surplus with India in Q1
Vietnam ran a trade surplus of 343 million USD with India in the first quarter of this year, according to statistics released by the General Department of Vietnam Customs.
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Vietnam records trade surplus with India in Q1. |
Two-way trade between the two countries hit 2.345 billion USD, with Vietnam’s exports valued at 1.398 billion USD.
The Ministry of Industry and Trade’s Trade Promotion Agency said India is now Vietnam’s 10th largest trade partner. However, there remains untapped potentials.
A number of Vietnamese products such as longan, litchi, rambutan and durian are popular in India.
The two countries are striving to achieve two-way trade of 15 billion USD this year.
Source: VNA