Vietnam posted an estimated trade surplus of US$1.3 billion in January, according to a report recently announced by the Ministry of Industry and Trade (MoIT).
Sales of automobiles in September increased 32% against the previous month to reach 27,252 units, the Vietnam Automobile Manufacturers’ Association (VAMA) reported on October 10.
Despite the ongoing trade tensions between major economies, and the pandemic, supply chain shifts of Japanese investors are still taking place, mostly in the form of specifically targeted production expansions, with Vietnam being one of the prioritised destinations.