Export revenue likely to hit 200 billion USD in 2017 Business

Export revenue likely to hit 200 billion USD in 2017

Vietnam is likely to reach a total export turnover of 200 billion USD for the whole year, surging over 13 percent from last year and exceeding the set target, Deputy Minister of Industry and Trade Do Thang Hai affirmed at the regular meeting held in Hanoi on July 14.
Vietnam warned of increasing dependence on foreign capital Business

Vietnam warned of increasing dependence on foreign capital

Indexes for 2017 second quarter reflected Vietnam’s increasing dependence on foreign direct investment (FDI), said the Vietnam Institute for Economic and Policy Research (VEPR) in its recent report on the performance of the economy in the quarter.
 Hanoi moves to tackle widening trade deficit Business

Hanoi moves to tackle widening trade deficit

The capital city of Hanoi has carried out trade promotion plans targeting both traditional and new foreign markets in order to tackle its widening trade deficit, which exceeded the national average in the first five months of this year.
Vietnam enjoys strong export growth Business

Vietnam enjoys strong export growth

Vietnam exported 16.7 billion USD worth of goods in April, raising the total export turnover in four months to 61.3 billion USD, a year-on-year increase of 15.4 percent.