Vietnam’s trade surplus rose sharply to USD 2.15 bln in July from 0.08 bln in the same month of the previous year. Notably, imports fell by 9.9% in the same period. Throughout the first seven months of the year, the country’s trade surplus increased to USD 15.23 bln, up from USD 1.34 bln during the same period in 2022. Nonetheless, FDI inflows saw a modest increase of 0.8% YoY, reaching USD 11.58 bln for the first seven months of 2023. Additionally, international tourist arrivals in Vietnam rose by 194.6% YoY, reaching 1.04 mln in July.