Vietnam imports and exports

Farmers in Long Khanh Commune in the southern province of Dong Nai pack rambutan for export. As of September, total import-export turnover for the whole country had reached more than $382.16 billion. VNA/VNS Photo An Hieu Viet Nam's import-export turnover was on target to hit US$500 billion this year, said director of the General Department of Customs Nguyen Van Can. There were nearly 100,000 enterprises involved in imports and exports nationwide, he said. The department said that as of September, total import-export turnover for the whole country had reached more than $382.16 billion. If this continued, the country's import and export turnover would reach $510 billion by the end of the year. Generally speaking, imports and exports usually climb at the end of the year thanks to national holidays like National Day (September 2), New Year (January 1) and then Tet (Lunar New Year). The country's total import-export turnover reached only $243.5 billion in the first six months. But … [Read more...] about Import-exports to top $500b

Vietnam's import-export turnover was on target to hit US$500 billion this year, said director of the General Department of Customs Nguyen Van Can. Farmers in Long Khanh Commune in the southern province of Dong Nai pack rambutan for export. As of September, total import-export turnover for the whole country had reached more than $382.16 billion. Viet Nam's import-export turnover was on target to hit US$500 billion this year, said director of the General Department of Customs Nguyen Van Can. There were nearly 100,000 enterprises involved in imports and exports nationwide, he said. The department said that as of September, total import-export turnover for the whole country had reached more than $382.16 billion. If this continued, the country's import and export turnover would reach $510 billion by the end of the year. Generally speaking, imports and exports usually climb at the end of the year thanks to national holidays like National Day (September 2), New Year (January 1) and … [Read more...] about Vietnam’s import-exports to top $500b

Seafood is among Vietnam's key items exported to Israel. (Photo: VNA) Tel Aviv (VNA) – The two-way trade between Vietnam and Israel was estimated at 760 million USD in the first three quarters of this year with Vietnam continuing to enjoy a trade surplus of 440 million USD, according to a Vietnamese official. During the period, Vietnam’s exports to Israel exceeded 600 million USD while imports totalled around 160 million USD, said Vietnamese Trade Counsellor to Israel Le Thai Hoa. The two countries’ bilateral trade stood at 677 million USD in the first eight months of the year, a slight decrease from a year earlier. The dip was largely owing to political uncertainty and security tension in Israel which have sparked concerns among Vietnamese exporters, plus the Middle East country has set tighter food safety requirements, Hoa said. Vietnam’s imports from Israel also plunged because of significant declines in imports of computers and electronic parts, … [Read more...] about Vietnam continues to enjoy trade surplus with Israel

Leading economic partner The ASEAN Economic Community (AEC) has entered its fourth year of development since the founding milestone of December 31, 2015, and is striving to realize its Vision to 2025 with initial encouraging results. The AEC has created a relatively synchronous production space, which helps promote the common advantage of the ASEAN region. Goods, services, capital, investment and skilled labor will be freely circulating within ASEAN without suffering any discrimination between the member states. Its intra-bloc economic cooperation efforts with partners have brought ASEAN member states stable economic growth, forecast to reach 4.9 percent in 2019, nearly double the world average. In the 24 years since Vietnam joined the bloc, its members have become the country’s leading economic and trade partners. Compared to 1996, when Vietnam began to participate in the ASEAN Free Trade Area (AFTA), trade between Vietnam and ASEAN has grown by more than 9.5 times from US$5.9 … [Read more...] about Vietnam looks ahead to 2020 Asean Chairmanship

The Vietnamese Embassy in Algeria works with Constantine Chamber of Commerce and Industry (CCCI).(Photo: VNA) Algiers (VNA) – Vietnamese Ambassador to Algeria Pham Quoc Tru has paid a two-day working visit to Constantine province to boost trade and investment with the third largest city of Algeria, which holds strengths in tourism, husbandry, plantation and pharmaceutical industry.   During his stay on October 16-17, he had a working session with governor of Constantine Abdessamie Saidoun, during which they discussed measures to promote bilateral cooperation in various sectors on the basis on thriving relations between the two countries. They expressed their interest in cooperating in agriculture, tourism and labour export. On the occasion, the Vietnamese Embassy joined hands with the Constantine Chamber of Commerce and Industry (CCCI) to organise a forum on introducing import-export cooperation and investment potential. CCCI president Souici Larbi called Vietnamese … [Read more...] about Vietnam promotes trade, investment cooperation with Algeria’s Constantine