Hanoi (VNS/VNA) - Vietnam had a trade deficit of more than 1 billion USD with Australia last year, one year after the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) came into effect. Of which, coal was the imported commodity with the highest value of 1.45 billion USD in the first 11 months of last year, rocketing by 96.8 percent over the previous year, accounting for 35 percent of total import turnover of goods from this market. Ore and minerals ranked second, valued at 517 million USD, accounting for 12.5 percent of the total import turnover from Australia. Metal products ranked third in turnover, followed by wheat and iron and steel scrap. Two-way trade between Vietnam and Australia has changed significantly a year after the CPTPP came into effect, said the Import-Export Department under the Ministry of Industry and Trade. Accordingly, the trade balance has shifted from a trade surplus to a trade deficit. Vietnam had a trade surplus with Australia … [Read more...] about Vietnam increases coal, ore and mineral imports
Lng import terminal
MM Mega Market said there is imported pork at the supermarket chain, but the amount is very small, just accounting for 3 percent. This means that 97 percent of pork available there is from domestic sources. Tran Van Minh, a merchant at Tan Xuan Market, also said that the high price has cut pork sales. The meat supply has improved thanks to the live pigs imported from Thailand. In addition, frozen pork is akso available at some big markets. … [Read more...] about Where is all the imported pork?
The Indian association claimed that the subject goods, which were being dumped into India, were identical to the goods produced by the domestic industry, stressing there were no known differences either in the technical specifications, quality, functions or end-uses of the dumped imports. … [Read more...] about India initiates anti-dumping investigation on viscose spun yarn from Viet Nam
A delivery man carries a peach blossom tree, an indispensable decoration at home for Tet, or the Lunar New Year festival, in northern Vietnam, is stuck in traffic on Tran Binh Trong Street in downtown Hanoi on Thursday morning. … [Read more...] about Tet crowds worsen traffic congestion in Hanoi
According to Trần Du Lịch, vice chairman of the Việt Nam International Arbitration Centre (VIAC), the trade war is expected to continue to cause disruption to the global supply chain and lead to a hike in prices and decline in FDI worldwide. … [Read more...] about Enterprises urged to prepare for escalating US-China trade war