Singapore becomes VN’s 6th largest trade partner
Singapore has become the 6th largest trading partner of Vietnam,
after China, Japan, the US, the Republic of Korea and Taiwan.
Singapore has become the 6th largest trading partner of Vietnam,
after China, Japan, the US, the Republic of Korea and Taiwan.
The Vietnam Government Portal (VGP) quoted statistics of the Vietnam Customs as showing that s ince 2006, goods trading between the two countries has always accounted for a large proportion of Vietnam ’s total export and import value.
By the end of May, two-way trade stood at 3.53 billion USD, in which Vietnam’s import was 2.49 billion USD, down 12.9 percent against the same period of 2012.
Vietnam’s key exports to Singapore in 2012 included computers, electronic products and components with a turnover of 300 million USD, up 10.7 percent against 2011 and accounting for 12.8 percent of total export turnover to the Singapore market.
The customs agency said deficit has increased sharply over the past two years, from 1.98 billion USD in 2010 to 4.32 billion USD last year.-VNA
The Vietnam Government Portal (VGP) quoted statistics of the Vietnam Customs as showing that s ince 2006, goods trading between the two countries has always accounted for a large proportion of Vietnam ’s total export and import value.
By the end of May, two-way trade stood at 3.53 billion USD, in which Vietnam’s import was 2.49 billion USD, down 12.9 percent against the same period of 2012.
Vietnam’s key exports to Singapore in 2012 included computers, electronic products and components with a turnover of 300 million USD, up 10.7 percent against 2011 and accounting for 12.8 percent of total export turnover to the Singapore market.
The customs agency said deficit has increased sharply over the past two years, from 1.98 billion USD in 2010 to 4.32 billion USD last year.-VNA
You should also see
Semiconductor workforce development a breakthrough: PM
Human resources development in semiconductors should be considered a breakthrough in personnel training, Prime Minister Pham Minh Chinh said at a conference in Hanoi on April 24.
See more
Business
Investor confidence gains traction on improved business climate
Better investment climate, with simplified administrative producers and special incentives, has helped improve investor confidence, thus catalysing investments from a wider pool of both domestic and international investors for socio-economic development.
Business
Top 500 fastest growing enterprises 2024 announced
A ceremony to announce the list of the top 500 fastest growing enterprises in Vietnam (FAST500) and Top 5 and Top 10 real estate - construction - building materials companies in 2024 was held by the Vietnam Report JSC in collaboration with VietNamNet newspaper on April 25.
Business
Airlines requested to increase flights during upcoming holiday
The Civil Aviation Authority of Vietnam (CAAV) has asked Vietnam's airlines to consider increasing the number of flights from Hanoi and HCM City to localities on April 27, and from localities back to Hanoi and HCM City on May 1 to meet the demand for air transportation during the April 30 - May 1 holidays.
Business
Tra fish export to UAE jumps 67% in Q1
Vietnam’s tra fish export to the United Arab Emirates (UAE) reached more than 7 million USD in the first quarter of this year, a rise of 67% against the same period last year, according to statistics of the General Department of Customs.
Business
Vietnam seeks to remove obstacles in upgrade of securities market
The State Securities Commission of Vietnam (SSC) recently held an online working session with the World Bank (WB) and the Asia Securities Industry and Financial Markets Association (ASIFMA) to discuss ways to remove obstacles related to criteria for upgrading the Vietnamese securities market.
