Us china bilateral trade deficit

HCMC’s imports and exports soar in Jan-Feb period The Saigon Times A container ship docks at the Tan Cang-Cai Mep Terminal. HCMC recorded an increase in both imports and exports in the first two months of 2021 – PHOTO: VNA HCMC – HCMC earned nearly US$8 billion in export revenue and spent US$10.92 billion on imports in the first two months of the year, rising over 25% and 53% against last year’s figures, respectively, according to the HCMC Department of Statistics. Without crude oil, the city’s export revenue would amount to US$7.6 billion, up over 26% year-on-year. Specifically, in the two-month period, the city exported wood and wooden products worth over US$220 million, up over 60% versus last year’s figure. The export of machinery, equipment, tools and spare parts fetched US$400 million, up 23%; computers, electronics and accessories saw US$2.57 billion, up over 11% and rice saw US$135 million, improving over 5%. The city’s imports of plastic materials in the year to February surged 52%, fuel products were up by 44% and garment-leather-footwear materials by 16%. Further, China remained HCMC’s largest trade partner. Businesses in the city exported nearly US$1.8 billion and purchased some US$3.3 billion worth of goods to and from China, up some 31% and 78%, respectively, over the figures recorded in the same period last year. The United States was the second largest importer of the city, followed by Japan and South Korea. Meanwhile, Singapore was the city’s biggest exporter. …

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Foreign visitors walk in Điện Biên Phủ Street, Hà Nội. Việt Nam was the only country among 10 member states of the ASEAN to see improvement in Brand Finance’s Global Soft Power Index Report 2021. — VNA/VNS Photo Lâm Khánh HÀ NỘI – Việt Nam has climbed three spots to rank 47th out of 105 countries in Brand Finance’s Global Soft Power Index Report 2021. Việt Nam was the only country among the 10 member states of the Association of Southeast Asian Nations (ASEAN) to improve its ranking this year. Its overall score was 33.8 out of 100 points, 2.5 points higher than last year, putting it ahead of the Philippines (53rd), Cambodia (89th) and Myanmar (90th). Among other ASEAN countries, Singapore was 20th, Thailand 33rd, Malaysia 39th, and Indonesia 45th. According to Brand Finance, the improvement was largely due to the fact that Việt Nam has managed the COVID-19 pandemic extremely well. “Việt Nam was spared a year of lockdowns and besieged hospitals, and has one of the lowest COVID-19 infection and death rates in the world,” the report said. “Not only is the response to the pandemic impressive – given its shared border with China – but Việt Nam also experienced one of the highest economic growth rates globally in 2020 – one of a handful of countries with positive growth in 2020.” Prime Minister Nguyễn Xuân Phúc has approved the Việt Nam National Brand Programme from 2020 to 2030, which aims to increase the value and ranking of the national brand while targeting more than 1,000 products to become strong national brands. The brands from the country are managed through efforts and initiatives undertaken by the Ministry of Industry and Trade (MoIT)’s Department of Trade Promotion (Vietrade), under their 'Việt Nam Value' programme. At a national level, Việt Nam has established diplomatic relations with 187 out of 193 member states of the United Nations and completed the process of negotiating and signing new-generation free trade agreements, including the …

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Nguyễn Thanh Hà Hà Nội is home to many famous specialities but few are as mouthwatering as thịt quay đòn (roast port belly) in the ancient village of Đường Lâm, about 44km from the city centre. It is said that King Ngô Quyền (939-944), whose native village is in Đường Lâm, after defeating the Southern Han invaders from China ordered chefs to make roast pork belly to give a feast to his troops. The dish was so tasty and delicious that troops said they couldn't get enough, according to legend. Kicker: A tasty and crispy roast pork belly made by people in Hà Nội's Đường Lâm ancient village. Photo vov2.vov.vn The dish has been the village's claim to fame since then, said Nguyễn Đăng Thạo, head of Đường Lâm Ancient Village’s management board. Nguyễn Thị Hương, a famous roaster in the village, said she has to order fresh pork belly from prestigious butchers. “It is to ensure that the roasted pork is crispy but fragrant.” The pork belly should be carefully soaked with hung lìu (flavouring powder with five ingredients including cinnamon, anise and sweet basil), pepper, fresh onion, fish sauce and salt, said Hương, adding that the most important ingredient is the guava leaves. Kicker: The fresh pork belly soaked with many ingredients including guava leaves help to make the dish much more enjoyable. Photo vov2.vov.vn The young guava leaves are ground to cover the inside and outside of the pork belly while half-young guava leaves are used to wrap the meat before it is roasted. She said the guava leaves should be grown naturally without being sprayed with pesticides to ensure the roast pork has a natural fragrance. The raw meat should be soaked for at least two hours before roasting. “Apart from guava leaves, we have to use a bamboo tube which is about two metres long to roast the meat. It needs between five and six hours to roast it over charcoal,” said Hương, noting that while roasting, the chef has to use a bamboo spit to …

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