Imports in the first half of November reached more than US$3.821 billion, an increase of nearly 4 percent over October. According to the General Department of Vietnam Customs, the excess of import over export in the reviewed period is estimated at US$864 million, the highest level ever seen over the past 7 months. Export earnings [...]
Most Vietnamese enterprises have not paid sufficient attention to developing new products that meet consumers’ demand and taste so that they can compete better against imported products, a recent survey has found. The survey on consumer behaviour conducted by the Business Studies and Assistance Centre finds that Vietnamese consumers are not happy with the same [...]
Agricultural production can bring billions of dollars a year from exports. However, agriculture experts have pointed out that the real sums of money that farmers and exporters pocket are actually not big, because farmers must spend a lot of money to import materials. Dam Van Hoat, Director of Trai Viet Company, which specialises in providing [...]
Vietnam imported $2.4 billion worth of goods from Singapore in the first seven months of this year, rising 11.6% from a year earlier, the Ministry of Industry and Trade said on its website Sept 13. Vietnam imported $2.4 billion worth of goods from Singapore in the first seven months of this year, rising 11.6% from [...]
The Ministry for Agriculture and Rural Development has urged authorities of Can Tho City and Vinh Long Province to destroy all imported red-ear turles (Trachemys scripta elegans) by September 20. In an official dispatch issued on Thursday, Minister Cao Duc Phat asked Can Tho and Vinh Long People’s Committees to demand that Can Tho Seafood [...]
Businesses should reduce imports and increase the use of domestic raw materials and equipment in order to help curb the nation’s trade deficit, said Minister of Industry and Trade Vu Huy Hoang during an online meeting with business leaders on Monday. Firms also needed to find ways to reduce costs, increase the supply of skilled [...]
(Thousand tones/units; Million USD) May 2010 Total 5 months of 2010 5 months on year over 2009 (%) Qty Value Qty Value Qty Value Total value 6850 31212 129,8 Locally-invested 3900 18211 118,1 FDI sector 2950 13001 150,5 Major Products Aquatic products 25 124 109,4 Milk and milk products 70 296 155,7 Vegetable 25 99 [...]
Vietnam ranks the second among top five Asian countries importers of soybean and the fifth of maize importers from South America, the Information Center for Agriculture and Rural Development (AgroInfo) reported Friday last week. In 2008-2009, Vietnam imported 2.3 million tons of soybean and 1.1 million tons of maize for animal feed production, the AgroInfor [...]
Vietnam spent 273.52 million U.S. dollars on import from the United States in January this year, up 153.7 percent year-on-year, said the information center of Vietnamese Ministry of Industry and Trade on Tuesday. Machines, components and spare parts topped the Vietnam’s import items from the U.S market in the first month of 2010. Vietnam’s import [...]
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