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Vietnam’s total import and export turnover in the first quarter of this year is estimated to fall 13.3% year-on-year to 154.27 billion USD.

The import-export turnover of foreign-invested enterprises (FIEs) dropped by $9 billion in the first two months.

From the beginning of the year to February 15, the country's total import-export turnover reached US$72 billion, with export turnover standing at US$37 billion with a trade surplus reaching US$1.68 billion.

The total import-export turnover of foreign-invested enterprises (FIEs) last year reached US$506.83 billion, representing an annual rise of 9.3% and making up more than two thirds of the country’s trade value, according to the latest statistics released by the General Department of Vietnam Customs.

Vietnam enjoyed a trade surplus of US$12.4 billion last year, marking the seventh consecutive year that the country's export turnover stood at a higher rate compared to its import revenue.