This achievement comes amid global trade facing multiple challenges from geopolitical conflicts, rising energy prices and increasing production costs, putting pressure on highly open economies such as Viet Nam.
As of October 29, export turnover had reached 493.64 billion USD, up 105.56 billion USD, or 27.2%, year on year. Meanwhile, imports totalled 507.66 billion USD, an increase of 138.72 billion USD, or 37.6%.
As a result, Viet Nam recorded a trade deficit of approximately 14.02 billion USD during this period.
NDO
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