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Vietnam-Malaysia trade to reach over 7 bln USD

Two-way trade between Vietnam and Malaysia in 2012 is expected to expand 4.5 percent from 2011 to hit over 7 billion USD, according to Vietnam’s Commerce Office in Malaysia.
Two-way trade between Vietnam and Malaysia in 2012 is expected toexpand 4.5 percent from 2011 to hit over 7 billion USD, according toVietnam’s Commerce Office in Malaysia.

In thefirst ten months of this year, the bilateral trade registered nearly6.53 billion USD, up 21.1 percent over the same period last year, saidthe office.

Of which, Vietnam raked in 3.76 billionUSD from exports of rude oil, rubber, rice, computers and spare parts,coffee, seafood, steel and machine and equipments.

The country spent about 2.77 billion USD on imports from Malaysia,up 25 percent over the corresponding period of last year.

The S-shaped country is currently both the fourth biggest importer andexporter of Malaysia among ten ASEAN member countries, afterSingapore , Thailand and Indonesia.-VNA
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