Prime minister on August 30 issued Decree No 75 on credit for state investments and export activities whereby exporters will be allowed to borrow maximum 85% of the export contract value. Under which, investment credit will include investment lending and support after investment. Export credit will include export loan (offering loans for exporters and foreign [...]
Sep 1 2011 | Posted in
Import-Export |
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The global recession and resultant lower purchasing power has caused difficulties for many Vietnamese exporters. It has not helped that their heavy reliance on imported materials, coupled with rising input costs, have made their products less competitive in the international market. The Secretary General of the Vietnam Timber and Forest Product Association, Nguyen Ton Quyen, [...]
Aug 29 2011 | Posted in
Import-Export |
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The General Statistics Office (GSO) has estimated the country’s trade deficit atUS$800 million in August after gaining a trade surplus last month for the first time since 2009. According to the office’s preliminary statistics, export turnover in August decreased by 10.9 percent over the previous month to US$8.3 billion. In contrast, imports rose 10.7 percent [...]
Aug 25 2011 | Posted in
Import-Export |
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The General Statistics Office has estimated that the country had a trade deficit of US$800 million in August after gaining a trade surplus last month for the first time since 2009. According to the office’s preliminary statistics, export turnover in August decreased 10.9 per cent over the previous month to $8.3 billion. In contrast, imports [...]
Aug 24 2011 | Posted in
Import-Export |
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Vietnam incurred a trade deficit of $800 million in August after posting a trade surplus of $1.1 billion in July, local media said Monday In August, Vietnam exported $8.3 billion worth of goods, down 10.9% from July meanwhile the country spent $9.1 billion on imports, up 10.7% on month, reported the online news service Gafin, [...]
Aug 23 2011 | Posted in
Import-Export |
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Viet Nam’s increasing reliance on imports of goods and materials from foreign countries, especially China, is a risky move, according to experts. Viet Nam imports large quantities of fertiliser, machinery, equipment, electronic parts and material for leather, footwear, garment and textile production from China, along with petrol and oil from Singapore and home appliances from [...]
Aug 22 2011 | Posted in
Import-Export |
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