Vietnam’s export continued favourable trend along with forecasts that the country’s trade deficit this year would be below the target of 20%, according to the Ministry of Industry and Trade (MoIT). This year’s export turnover may reach US$70.8 billion, rising 24% year-on-year and 16.5% against the year’s target. On late November 29, MoIT reported Vietnam’s [...]
Hanoi Statistics Department showed that the city’s export in the past 11 months enjoyed positive growth with accumulative export turnover in Jan-November of about US$7.2 billion, a year-on-year increase of 25.1%, of which Hanoi’s export value in November only counted for US$770 million. Overcoming the difficulty in economic crisis, from the beginning of the year [...]
Many companies are forced to import raw materials because local firms producing them prefer to export than sell domestically. In the rubber sector, for instance, some subsidiaries of the Viet Nam National Chemical Group face a shortage of latex and have asked the Viet Nam Rubber Group (VRG) to sell to them. But VRG turned [...]
Iron and steel product exports of Vietnam in the first eight months of 2010 gained $519.11 million, up by 41.3 percent over the same period of 2009, of that export turnover of August reached $82.8 million, up by 10.7 percent over the previous month. The US is the largest export market of Vietnam’s iron and [...]
Vietnam exported US$6.25 billiion worth of products in October, an increase of 2.5 percent over September, said Le Van Duoc, head of the Planning Department under the Ministry of Industry and Trade. The country’s total revenues from exports in the first 10 months of 2010 reached an estimated US$57.8 billion, with foreign-invested businesses accounting for [...]
Vietnam’s exports are forecast to jump a higher-than-expected 22.6 percent to $70 billion this year because of favourable market conditions expected in the last two months of the year, a state-run newspaper reported on Wednesday. The Industry and trade ministry made the forecast on Tuesday after exports in the first 10 months of this year [...]
Subscribe via Email 
Subscribe in a Reader 
Follow us on Twitter 
Connect on Facebook
China Business News