Americas becomes fastest growing trade partner of Vietnam

The Americas was the fastest growing trade partner continent of Vietnam in the first five months of 2019, with expansion of over 22 percent, according to the General Department of Vietnam Customs.

Trade between Vietnam and the continent reached 29.7 billion USD in the January-May period.

Meanwhile, Asia remained the biggest trade partner of Vietnam, which accounted for 66 percent of the country's total trade. Import-export revenue of Vietnam and Asia hit 133.68 billion USD, up 7.5 percent over the same period last year.

In the period, import-export revenue between Vietnam and Europe was 26.23 billion USD, and Oceania was 3.91 billion USD, a rise of 1.6 percent and 9.1 percent respectively.

Source: People's Army Newspaper