Prime Minister Nguyen Xuan Phuc welcomes Belgian Ambassador Paul Jansen (Photo: VGP) At a reception in Hanoi on November 23 for the Belgian diplomat who paid a courtesy visit, PM Nguyen Xuan Phuc thanked the ambassador for his effective cooperation with Vietnamese competent agencies in preparation for the former's visit to Belgium, while hoping that Paul Jansen, as a highly experienced diplomat, will make a significant contribution to fostering bilateral relations during his term of office in Vietnam. Phu expressed his satisfaction with the official visit to the Kingdom of Belgium, particularly the good results achieved at the talks with the Belgian Prime Minister and meetings with the Belgian King and other leaders, noting that the outcomes will be a solid foundation for strengthening the relationship between Belgium and Vietnam. He said he hopes to welcome his Belgian counterpart's visit to Vietnam at an earliest date. Vietnam-Belgium relations have progressed steadily in … [Read more...] about PM Phuc highly expects Vietnam-Belgium trade turnover of US$3 billion
Trade turnover
PM Phuc fully expects Vietnam-Belgium trade turnover of US$3 billion
At a reception in Hanoi on November 23 for the Belgian diplomat who paid a courtesy visit, PM Nguyen Xuan Phuc thanked the ambassador for his effective cooperation with Vietnamese competent agencies in preparation for the former's visit to Belgium, while hoping that Paul Jansen, as a highly experienced diplomat, will make a significant contribution to fostering bilateral relations during his term of office in Vietnam. Phu expressed his satisfaction with the official visit to the Kingdom of Belgium, particularly the good results achieved at the talks with the Belgian Prime Minister and meetings with the Belgian King and other leaders, noting that the outcomes will be a solid foundation for strengthening the relationship between Belgium and Vietnam. He said he hopes to welcome his Belgian counterpart's visit to Vietnam at an earliest date. Vietnam-Belgium relations have progressed steadily in all aspects, as shown by an annual increase in two-way trade turnover with US$2.3 … [Read more...] about PM Phuc fully expects Vietnam-Belgium trade turnover of US$3 billion
Vietnam, RoK look towards USD100 billion in trade turnover
Photo: baocongthuong.vnThe Vietnam Trade Promotion Agency (VietTrade) under the Ministry of Industry and Trade (MOIT) on November 12th worked with the Korea Importers Association (KOIMA) to organize a workshop on trade exchange between Vietnamese and Korean businesses. Addressing the workshop, MOIT Deputy Minister Do Thang Hai stressed that after their establishment of diplomatic relations in 1992, the Vietnam – RoK ties have undergone profound and comprehensive development in diverse areas, including politics, economics, culture and tourism. “Notably, economic cooperation is developing more strongly than ever,” he said. “Vietnam is now one of the 4 largest trade partners of RoK, while the in-effect Free Trade Agreement between Vietnam and the RoK (VKFTA) has created considerable growth of two-way trade turnover.” Statistics from the General Department of Vietnam Customs showed that in the first 9 months of this year, the import-export turnover between … [Read more...] about Vietnam, RoK look towards USD100 billion in trade turnover
Vietnam posts trade turnover of over US$41 billion with EU in Jan – Sep
The Hanoitimes - Vietnam`s trade surplus with the EU stood at US$21.24 billion in the January - September period. Vietnam's total trade with the European Union (EU) stood at US$41.19 billion in the first nine months of 2018, according to the General Department of Vietnam Customs (GDVC). Illustrative photo. Upon breaking down, Vietnam's export turnover to the EU reached US$31.2 billion during the period, up US$2.96 billion year-on-year, while imports were US$9.99 billion. This resulted in Vietnam's trade surplus of US$21.24 billion with the 28-nation bloc in the January - September period. In 2017, trade activities between Vietnam and the EU amounted to US$50.46 billion in 2017, up 11.9% year-on-year and accounting for 11.8% of the country's trade turnover. Of the total, exports stood at US$38.33 billion, up 12.7% or US$4.33 billion year-on-year. Vietnam's major products shipped to the EU last year included computers, electronic products and … [Read more...] about Vietnam posts trade turnover of over US$41 billion with EU in Jan – Sep
8M trade turnover at over $308 bn
Exports from FDI sector growing slower than domestic sector but still hold 71% of total turnover. Total trade turnover reached more than $308 billion in the January - August period, a year-on-year increase of 13 per cent, the Vietnam News Agency quoted the General Department of Vietnam Customs as reporting. Total export value stood at $155.4 billion, up 14.5 per cent year-on-year. The domestic economic sector recorded a year-on-year increase of 17.4 per cent to $45.11 billion while the FDI sector earned $110.3 billion, an increase of 13.4 per cent. The FDI sector saw lower growth in export value against the domestic sector but still accounted for 71 per cent of total export value. Many key exports recorded high annual growth, such as phones and parts, up 15.7 per cent to $30.9 billion, and electronic products, computers and components, up 14.2 per cent to $18.4 billion. The export value of garments was estimated at $19.42 billion, an increase of 14.9 per cent compared to the … [Read more...] about 8M trade turnover at over $308 bn