The country is currently Argentina’s sixth biggest trade partner. Its exports to the Latin American nation hit US$31.4 million in July, bringing the total export value in seven months to US$275.7 million, up 49.43% against the same period last year. Footwear topped key export products to Argentina with US$61.9 million, up 49.43% over the same period last year. Garment and footwear materials came second with US$28.1 million, down 7.43%. Vietnam also exported garments and rubber to the country. Particularly, the export of ceramic products increased 2.03 times to US$947,100 in 7 months. Meanwhile Argentina was the second largest supplier of agricultural and pharmaceutical products to the Southeast Asian nation mostly soya beans, cooking oil, corn, and wheat. … [Read more...] about Argentina – Vietnam’s important trade partner in Latin America
Vietnam trade partners
Vietnam surpasses Malaysia to become China’s top trade partner in ASEAN
The Hanoitimes - The Chinese Embassy in Vietnam held a press conference on the economic-trade ties between Vietnam and China on July 26. The monthly average trade revenue between Vietnam and China for the first time exceeded US$10 billion in April this year, said Trade Counsellor of the Chinese Embassy in Vietnam Hu Suojin at the press conference held by the embassy on Thursday. In June, the figure hit US$11.2 billion, enabling Vietnam to surpass Malaysia (US$9.3 billion) to become China's biggest trade partner in the ASEAN bloc, the Chinese diplomat affirmed, adding trade between the two countries has thrived rapidly since the start of this year. The press conference's overview. Photo: Cam Anh Specifically, the counsellor highlighted the two nations’ leap in trade cooperation, which is above the average that China has with other ASEAN countries. In February 2018, China overtook the US to become the largest importer of Vietnam. During the first six months … [Read more...] about Vietnam surpasses Malaysia to become China’s top trade partner in ASEAN
Vietnam becomes China’s largest trade partner in ASEAN
Vietnam has overtaken Malaysia to become the largest trade partner of China in the Association of Southeast Asian Nations (ASEAN), said Commercial Counselor of the Chinese Embassy in Vietnam, Hu Suojin. At the press conference - Photo: VNA The Chinese diplomat made the remarks during a press briefing held by the Chinese Embassy in Hanoi on July 26. Total trade revenues between Vietnam and China were estimated at US$66 billion in the opening half of 2018, with the average monthly trade turnover between the two countries having exceeded US$10 billion for the first time in history, he said. In June alone, the value of Vietnam-China trade reached US$11.2 billion, much higher than the US$9.3 billion recorded between China and Malaysia. During the first six months of the year, Vietnam enjoyed a year-on-year growth rate of 28.8 percent in its trade revenues with China, compared to the 15.5 percent figure of Malaysia, which currently ranks second in ASEAN in terms of the growth rate … [Read more...] about Vietnam becomes China’s largest trade partner in ASEAN
Vietnam becomes biggest trade partner of China in ASEAN
At the press conference held by the the Chinese Embassy in Vietnam on July 26 (Photo: VNA) Hanoi (VNA) – Vietnam has surpassed Malaysia to become the biggest trade partner of China in ASEAN, Hu Suojin, Trade Counsellor of the Chinese Embassy in Vietnam, said at a press conference in Hanoi on July 26. According to the diplomat, trade between Vietnam and China was estimated at around 66 billion USD in the first half of 2018, with the average monthly total for bilateral trade during the period breaking records to exceed 10 billion USD. In June alone, China’s trade value with Vietnam reached 11.2 billion USD, higher than the figure with Malaysia, at 9.3 billion USD. China-Vietnam trade grew 28.8 percent from the same period last year, compared to the 15.5 percent annual growth of China-Malaysia trade. The year-on-year growth rates of Chinese exports to Vietnam and of Vietnamese exports to China were at 23.5 percent and 37.4 percent, … [Read more...] about Vietnam becomes biggest trade partner of China in ASEAN
Ambassador: Vietnam – trustworthy partner of Netherlands
President Tran Dai Quang (R) hosted outgoing Dutch Ambassador to Vietnam Nienke Trooster in Hanoi on June 7 (Photo: VNA) Hanoi (VNA) – Vietnam is a trustworthy partner of the Netherlands, said outgoing Dutch Ambassador to Vietnam Nienke Trooster at a reception hosted by President Tran Dai Quang in Hanoi on June 7. President Quang praised the ambassador’s positive contributions to the bilateral friendship and multifaceted cooperation and urged her to contribute further to the relationship in the future. The President said the bilateral relations are growing fruitfully in all field and highlighted the signing of agreements to form a strategic partnership in climate change response and water resource management in 2010, and in agriculture and food security in 2014 as an effective cooperation model, thus promoting the Netherlands’ images and contributing to Vietnam’s sustainable development. The political trust between Vietnam and the Netherlands has … [Read more...] about Ambassador: Vietnam – trustworthy partner of Netherlands