Speaking at a meeting held on January 13 to review the industry and trade sector’s performance last year and set tasks for this year, Nguyen Phuong Dong, the department’s deputy director, said: “In 2020 city enterprises restructured their production to make it market-oriented. The city’s industrial sector shrunk by 4 percent last year due to the impact of the COVID-19 pandemic. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 17
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Vietnam’s trade deficit with China hits US$35.2 billion in 2020
Statistics from the General Department of Vietnam Customs indicated that Vietnam had exported products worth US$48.9 billion to China in 2020, up 17.9% year-on-year, while the country had spent US$84.1 billion on imports from China, a year-on-year rise of 11.5%. … [Read more...] about Vietnam’s trade deficit with China hits US$35.2 billion in 2020
Food reviewing emerges as new job choice among young Vietnamese
Ninh was listed among the top four influencers for food in Vietnam at the Influence Asia 2017, an award by the Singapore-based influencer marketing company Gushcloud in honoring individual or group achievements in the social media influence industry across Asia. … [Read more...] about Food reviewing emerges as new job choice among young Vietnamese
Young calligrapher renowned for his talent introduces art to new generation
I am proud that I have learned so much during my travels, and have had beautiful cultural experiences and have been enlightened from such knowledge. I never imagined that I could learn Japanese lacquer painting in New York, wood-turning in Seoul, furniture-making in Indianapolis, joinery in Kyoto, origami in Kuala Lumpur, or even bookbinding in Sydney. I once gave up applying for study-abroad opportunities in college, but now I travel more than ever, thanks to calligraphy, surprisingly. … [Read more...] about Young calligrapher renowned for his talent introduces art to new generation
Two-way trade between Vietnam, China increases 13.8 percent
Data from the General Department of Vietnam Customs confirmed that two-way trade turnover in 2020 reached over US$133 billion, up 13.8 percent over the same period in 2019. Of which, Vietnam's exports to China reached about $49 billion, up 17.9 percent, and imports from China reached $84.1 billion, up 11.5 percent over the same period. The trade deficit from the Chinese market was over $35 billion, up 3.74 percent compared to 2019. Thus, China continues to be the largest supplier and the second-largest export market of Vietnam after the US. The Asia-Africa Market Department and the Ministry of Industry and Trade cited the statistics report of China Customs that Vietnam has become the eighth largest supplier and the fifth largest export market of China. … [Read more...] about Two-way trade between Vietnam, China increases 13.8 percent