Vietnam

Vietnam’s state budget collection from imports and exports surged 18.6% YoY to USD 9.8 bln in the first 11 months of 2024, reaching 121.9% of the full-year target. The total import-export value for the period rose 15.4% YoY to USD 715.5 bln. Exports grew 14.4%, while imports rose 16.4%. Domestic revenue collected in the first 11 months also increased by 16.8% YoY to over USD 59.1 bln.