Vietnam had a trade deficit of some US$56 billion with Asia in the first five months of 2022 as imports jumped, according to the General Statistics Office.
The Ministry of Transport has been tasked with coordinating with relevant ministries, sectors and localities in considering and handling recommendations of the Vietnam Railways Corporation (VNR) on how to better the capacity of international railway transport serving import and export activities.
VOV.VN - Vietnam’s total import-export value during the opening five months of the year reached US$306.16 billion, a rise of 16% or equivalent to a US$42.2 billion increase against the same period last year, according to statistics released by the General Department of Vietnam Customs.
VOV.VN - The import-export value of foreign direct investment (FDI) firms reached US$187.3 billion during the five months of the year, representing a year-on-year rise of 14.3%, with exports growing by 13.3% to US$98.8 billion, according to the General Department of Vietnam Customs.
VOV.VN - The nation is ready to work alongside China to promote the stable, balanced, and sustainable development of bilateral trade, thereby bringing practical benefits to both sides.
While the Russia-Ukraine conflict has left negative impacts related to transport, inflation and international payments on import and export activities, it could also create opportunities for businesses which adopted timely adaptation measures, experts have said.
VOV.VN - The total import - export turnover of goods through Ho Chi Minh City’s ports reached US$35.3 billion in the first quarter of this year, up 14.9% over the same period in 2021.
VOV.VN - Vietnam continued to expand foreign trade in the first quarter of 2022, producing a trade surplus of US$1.46 billion, according to the latest data unveiled by the General Department of Vietnam Customs.
The Ministry of Industry and Trade (MoIT) on April 5 held a conference to evaluate trade promotion activities in the first quarter of this year and seek ways to help localities, economic sectors and businesses surmount difficulties, build strategies to expand international trade activities.
VOV.VN - Vietnam’s total import-export turnover this year is anticipated to reach between US$740 - 750 billion, representing a rise of 13 – 15% over the previous year, according to industry insiders.