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Preliminary assessment of Vietnam international merchandise trade performance in the first 4 months of 2021

25/05/2021  -  Highlights
1. According to trade statistics of Vietnam Customs, in April 2021, a 6.5% downwards in total external merchandise turnover of Vietnam was recorded as compared to the result of March 2021. Exports went down 10.5 %, to USD 26.55 billion and imports decreased 2.4%, to USD 27.78 billion in terms of month-on- month basis. As a result, there was a USD 1.22 billion deficit in Vietnam’s trade balance in this month.
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Preliminary assessment of Vietnam international merchandise trade performance in the second half of April, 2021

17/05/2021  -  The Vietnam Customs Statistics announced that in the second half of April, 2021 the total Vietnam’s exports of US dollars 13.83 billion and imports of nearly US dollars 13.76 billion resulted in a trade surplus of US dollars 74 million. Accordingly, the total value of export and import turnover of Vietnam in the second half of April was over US dollars 27.59 billion, up by 3.7% as compared to the first half of April-2021.  Furthermore, in the first 4 months of 2021, Vietnam was in trade surplus of USD 1.63 billion. more

Preliminary assessment of Vietnam international merchandise trade performance in the first half of April, 2021

17/05/2021  -  The Vietnam Customs Statistics announced that in the first half (01-15/4/2021) of  April-2021 , Vietnam’s total exports of  US dollars 12.65 billion and imports  of  US dollars 13.96 billion resulted in a trade deficit of nearly US dollars 1.31 billion. Accordingly, the total value of export and import turnover of Vietnam in the first half of April was US dollars 26.61 billion, went down by 15.8% as compared to the second half of March-2021.more

Troubleshooting when implementing the Decree on penalties for administrative customs offences

17/05/2021  -  On March 10th, 2021, the General Department of Customs issued Official Letter No. 1116/TCHQ-PC guiding the implementation of Decree No. 128/2020/NĐ-CP dated 19/10/2020 on penalties for administrative customs offences. This Official Letter has considered and settled problems arising in the course of implementation of Decree No. 128/2020/NĐ-CP, as follow:more

From July 1, 2022, electronic stamping for alcohol and tobacco products

7/05/2021  -  On March 30, 2021, the Ministry of Finance issued Circular No. 23/2021/TT-BTC guiding printing, issuance, management and use of e-stamps for alcohol and tobacco products.more

Amending regulations on application for analysis for classification of import, export commodity

4/05/2021  -  Minister of Finance promulgates Circular No. 17/2021/TT-BTC on amendments to Circular No. 14/2015/TT-BTC dated January 30, 2015 of Minister of Finance providing guidelines on commodity classification, analysis for commodity classification; analysis for quality control and food safety inspection for import, export commodities.more

Preliminary assessment of Vietnam international merchandise trade performance in the first quarter of 2021

22/04/2021  -  Highlights
1. According to trade statistics of Vietnam Customs, in March 2021, a 42.2% upwards in total external merchandise turnover of Vietnam was recorded as compared to the result of February 2021. Exports went up 46.8 %, to USD 29.65 billion and imports increased 37.8%, to USD 28.46 billion in terms of month-on- month basis. As a result, there was a USD 1.2 billion surplus in Vietnam’s trade balance in this month.
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CurrencyEffective dateExchange rate
USD14/06/202122,840.00 đ
EUR14/06/202127,345.45 đ
JPY14/06/2021205.23 đ
GBP14/06/202131,884.73 đ
CHF14/06/202125,218.95 đ
AUD14/06/202117,470.31 đ
CAD14/06/202118,645.70 đ
SEK14/06/20212,719.39 đ
NOK14/06/20212,715.71 đ
DKK14/06/20213,686.08 đ
RUB14/06/2021317.02 đ
NZD10/06/202116,627.80 đ
HKD14/06/20212,911.34 đ
SGD14/06/202117,062.79 đ
MYR14/06/20215,517.80 đ
THB14/06/2021723.80 đ
IDR10/06/20211.62 đ
KRW14/06/202119.79 đ
INR14/06/2021313.52 đ
TWD10/06/2021834.13 đ
CNY14/06/20213,556.23 đ
KHR10/06/20215.68 đ
LAK10/06/20212.46 đ
MOP10/06/20212,891.27 đ
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