HANOI (ANN): The country’s trade surplus reached a record high of US$9.9 billion in 2019, the highest level seen in the past four years.
For the first time, the nation’s trade turnover surpassed the US$500-billion mark this year, witnessing the strongest growth of the Vietnamese-invested sector compared to foreign invested sector.
In 2019,32 products witnessed turnover of more than US$1billion, and six sectors reached a turnover of over $10 billion, accounting for nearly 93% of the total. PM Phúc said policies on imports and exports had led to positive results. Vietnam had negotiated and signed 14 free trade agreements , of which the Comprehensive and Progressive Agreement for Trans-Pacific Partnership Agreement was the most significant.
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