Speaking at the Ceremony, Nguyen Huu Quy, Editor-in-chief of Cong Thuong (Industry & Trade) Newspaper and Vice Chairman of the Editorial Board of Vietnam’s Import-Export Report in 2018, saidthat in recent years, a clear, systematic and explicit information resource is an issue of great concern to import-export businesses, researchers and policy makers. The annual report aims to provide useful information and data on the industry and trade sector, and the import-export activities in particular, for State management agencies and the business community. The report reflects the achievements gained and those not yet achieved as well as the opportunities, challenges and new steps of import and export activities in 2018 compared with the previous years. At the same time, the report is considered as an effective communication tool for industry and trade sector in the process of global development and integration. According to the published report, in 2018, Vietnam's export turnover … [Read more...] about Vietnam’s Import-Export Report 2018 released
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Vietnam’s import-export turnover hits $264bln in first seven months
In July alone, export turnover hit $39.3 billion, up 1.1 percent from June. Specifically, value of export was estimated to reach $19.5 billion, a decrease of 1.7 percent against the month before while import value was $19.8 billion, an increase of 4 percent compared to June. In the first seven months, export and import values were estimated to be $133.7 billion and $130 billion respectively, posting a year-on-year hike of 15 percent and 10 percent respectively. Generally, the country’s trade deficit in July was $300 million while trade surplus was $3.1 billion. By CHE HAN - Translated by UYEN PHUONG Tags: Vietnam’s import-export turnover first seven months TRADE DEFICIT TRADE SURPLUS … [Read more...] about Vietnam’s import-export turnover hits $264bln in first seven months
Vietnam’s import export revenue rises 14.4 per cent in four months
Vietnam's total import-export revenue in the first four months of 2018 is estimated at $144.13 billion, up 14.4 per cent year on year, according to the General Department of Vietnam Customs. Illustrative image. Source: VNA Of the figure, Vietnam’s export value is likely to reach $73.76 billion, a rise of 19 per cent over the same period last year, while import value is calculated at $70.37 billion, an increase of 10.1 per cent. The highest growth was seen in the export earnings of telephone and spare parts at 36.8 per cent to hit $13.42 billion, followed by garment products at 15.7 per cent, computers, aquaculture products at 13 per cent and electronic products and parts 10.83 per cent. Meanwhile, the value of imported computer, electronic products and parts rose 22.3 per cent to $13.42 billion, while that of machineries, equipment and spare parts dropped 7.4 per cent to $10.16 billion. Imports of telephone and spare parts increased 9.8 per cent to $4.42 billion, and … [Read more...] about Vietnam’s import export revenue rises 14.4 per cent in four months
Vietnam’s import export revenue rises 14.4 percent in four months
Total import-export revenue in the first four months of 2018 is estimated at 144.13 billion USD, up 14.4 percent year on year, according to the General Department of Vietnam Customs. Illustrative image (Source: VNA) Of the figure, Vietnam’s export value is likely to reach 73.76 billion USD, a rise of 19 percent over the same period last year, while import value is calculated at 70.37 billion USD, an increase of 10.1 percent. The highest growth was seen in the export earnings of telephone and spare parts at 36.8 percent to hit 13.42 billion USD, followed by garment products at 15.7 percent, computers, aquaculture products at 13 percent and electronic products and parts 10.83 percent. Meanwhile, the value of imported computer, electronic products and parts rose 22.3 percent to 13.42 billion USD, while that of machineries, equipment and spare parts dropped 7.4 percent to 10.16 billion USD. Imports of telephone and spare parts increased 9.8 percent to 4.42 billion USD, and … [Read more...] about Vietnam’s import export revenue rises 14.4 percent in four months
Import-export revenue surges nearly 37 percent in March
Illustrative photo (Source: VNA) Hanoi (VNA) – Total import-export revenue of Vietnam is estimated at 38.8 billion USD, a surge of 36.8 percent over the previous month, according to the General Department of Vietnam Customs. Of the figure, exports are calculated to reach 19.8 billion USD, a rise of 38.2 percent month on month, while imports are valued at 19 billion USD, up 35.4 percent over February. In the first three months of this year, total import-export revenue is likely to hit 107.32 billion USD, up 17.7 percent year on year, including exports of 54.31 billion USD and imports of 53 billion USD. Export value of garment and textile is estimated at 6.3 billion USD, a year-on-year increase of 12.9 percent, while that of computers, electronic products and spare parts is about 6.29 billion USD, footwear 3.45 billion USD, wood and wooden products is 1.91 billion USD. Meanwhile, earnings from aquatic products are 1.67 billion USD, up 11.2 percent, and coffee export revenue is … [Read more...] about Import-export revenue surges nearly 37 percent in March