Export turnover is expected to hit $84.5 to 85.5 billion for the year, $6.1 billion higher than the target set by the National Assembly. The Ministry of Industry and Trade (MoIT) held an online meting on June 4 to announce that total export value reached $42.3 billion in the first half of 2011, an increase [...]
Vietnam’s exports to the EU do not match with their potential, said Nguyen Canh Cuong, deputy head of the Trade Promotion Department, at a dialogue in Da Nang on July 2. Exports to the EU reached US$15 billion in 2010 and increased by 18 percent in the first half of this year. The figure is [...]
Vietnam’s exports to Mexico reached more than US$72 million in April, up 25 percent compared to the last year’s figure of US$58 million one year earlier. According to the Trade Office of the Vietnamese embassy in Mexico and the Central Bank of Mexico, Vietnam’s imports from Mexico in May dropped 27 percent from US$5.4 million [...]
The Vietnamese dong is currently appreciating against not only the US dollar but also Chinese Yuan, while up to 90% of Vietnam’s trade gap is from China. On June 14, the interbank average forex rate was quoted at 20,618 dong/US dollar, marking the lowest level in past three months. Once the US dollar price continues [...]
Trade between Viet Nam and the US totalled nearly US$6.5 billion in the first four months. Both sides increased shipments by around a fourth over the same period last year. Viet Nam’s exports accounted for $5.05 billion, with the top five items all seeing increase in value. Textile exports rose to nearly $2 billion (a [...]
The Ministry of Planning and Investment expects the trade deficit in the first half of the year to be US$7.5 billion, despite optimism about exports. In a report submitted to the Government this week, the ministry anticipated that the total export revenue in the first six months of the year would be $41.5 billion, up [...]
Subscribe via Email 
Subscribe in a Reader 
Follow us on Twitter 
Connect on Facebook
China Business News