Vietnam’s trade gap forecast at $12b in 2011

Vietnam’s export turnover in 2011 is forecasted to reach some $90 billion, and import value at $102 billion. Thus, the country’s trade deficit would be $12 billion, equaling to 13.3% of the export turnover, according to Ministry of Planning and Investment (MoPI). However, many experts from the Ministry of Industry and Trade (MoIT) said that [...]

Ministry to spend $3 million on trade promotion

The Ministry of Industry and Trade (MoIT) will set aside 55 billion dong (US$2.8) million to promote national trade this year. Titled the National Promotion Program 2011, the fund will be used to finance promotional activities proposed by 22 trade promotion organizations and 16 provinces. These activities include exhibition fairs overseas to be held by [...]

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