The index of industrial production (IIP), foreign direct investment (FDI) and export-import were among the bright spots of the national economy in the first five months of this year, experts have said.
Chairman of the People’s Committee of northern border province of Lang Son Ho Tien Thieu and Chinese Ambassador to Vietnam Xiong Bo discussed the development of transportation infrastructure, export-import and public health care during a local reception on October 25.
Vietnam’s export-import could reach 640-645 billion USD, with a slight trade surplus this year, according to deputy head of the Ministry of Industry and Trade’s Export and Import Department Tran Thanh Hai.
Many container shipping lines have announced further increases in transportation fees starting from late May, causing difficulties for import-export companies.
Vietnam witnessed the growth of exports and imports in the first four months of 2021 hitting 10-year record high with exports totalled nearly 104 billion USD, an increase of over 28 percent against the same period last year.
The reality of export-import and foreign direct investment (FDI) shift in the wood industry in Vietnam were the main focus of a recent workshop in Hanoi.
Indonesia’s Ministry of Trade will revise 18 ministerial regulations considered to be hampering exports and investments, said the country’s officials recently.
The US was the largest importer of Vietnam in the first seven months of 2019 with a turnover of 32.5 billion USD, a year-on-year surge of 25.4 percent, according to the Ministry of Industry and Trade.
Vietnam’s export-import turnover is likely to hit a record 500 billion USD in the fourth quarter of 2019, up 5 percent from 2018, according to the General Department of Vietnam Customs.
The GDP growth rate for the January-September period was 6.98 percent, the highest for the same period over the past eight years, the General Statistics Office announced on September 28.
Vietnam and Hungary have been enjoying sound friendship and diplomatic ties. Bilateral relations have recorded positive development which creates a solid foundation to bolster growth in many fields.
Bilateral trade turnover between Vietnam and the Czech Republic in the first half of 2018 recorded an expansion of nearly 14 percent compared to the same period last year, marking a successively stable growth rate of over 10 percent per year since 2015.
Total export value during the first seven months of 2018 rose 15.3 percent year-on-year while import value increased 10.2 percent, resulting in a trade surplus of 3.06 billion USD in the period.
Petrol imports totalled 900,000 tonnes, worth 552 million USD in the first month of the year, up 3.5 percent in volume and 10.9 percent in value year on year.
Vietnam’s export-import exceeded 420 billion USD for the first time in 2017, of which export recorded the highest growth of 21.1 percent over the past seven years with 29 commodities joining the one billion USD club.
Indonesia recorded a trade surplus for the second consecutive month in September, as exports of the country’s main commodities increased, said the Indonesian statistics agency.
