Vietnam enjoys trade surplus with Malaysia

Vietnam recorded a trade of surplus of 834 million USD with Malaysia in the first 11 months of 2013.
Vietnam recorded a trade of surplus of 834 million USD with Malaysia in the first 11 months of 2013.

According to the Office of Commercial Affairs at the Vietnamese Embassy in Malaysia , two-way trade between Vietnam and Malaysia hit 8.31 billion USD in the period, a rise of 13.83 percent compared to the same period last year.

Of which, Vietnam’s exports fetched nearly 4.6 billion USD, a year-on-year increase of 9.85 percent.

Computers and electronic products topped the list of Vietnamese exports as they brought home 1.1 billion USD, followed by crude oil with 879 million USD, mobile phones and spare parts with 596.5 million USD, and rubber 464 million USD.

The country shipped 453,240 tonnes of rice to Malaysia, raking in 225.5 million USD. The figure is expected to reach 529,000 tonnes by the year-end.

Meanwhile, Vietnam imported over 3.7 billion USD of goods from Malaysia, up 20.58 percent year-on-year.

As of November 20, Malaysia ranked 8 th among 100 countries and territories investing in Vietnam , with a total of 450 valid investment projects worth 10.32 billion USD.-VNA

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