Vietnam Oct exports up 9.9%, industrial output up 5.4%

HANOI: Vietnam's trade surplus in October likely narrowed to $2.2 billion from $3.5 billion surplus in September, government data released on Thursday showed.

Exports in October are estimated to have risen 9.9% from a year earlier to $26.7 billion, while imports were seen up 10.1% to $24.5 billion, the General Statistics Office (GSO) said in a statement.

The GSO traditionally releases data before the end of the reporting period and its trade data is often subject to significant revision.

For the first 10 months of this year, exports likely rose 4.7% from a year earlier to $229.27 billion, while imports were seen up 0.4% to $210.55 billion, resulting in a trade surplus of $18.72 billion.

According to the GSO, Vietnam's industrial output in October rose 5.4% from a year earlier. Industrial output in the January-October period rose 2.7% year on year.

Vietnam's consumer prices in October rose 2.47% from a year earlier and were up 0.09% from September, it said. - Reuters