Vietnam imported US$682.1 million worth of paper products last year, a year-on-year increase of 10.86%, reported the Vietnam General Department of Customs.
Vietnam’s export-import value reached US$38.3 billion in January – up 39.9% compared to a year earlier but down 3.1% compared to December 2017, according to the General Department of Customs.
Petrol imports totalled 900,000 tonnes, worth US$552 million in the first month of the year, up 3.5% in volume and 10.9% in value year on year, according to the General Department of Customs.
The General Department of Customs has ordered the management of origin and labels of imported products to be enhanced.
As Vietnamese favor foreign-made products and are willing to pay more for products they like, international express delivery firms see Vietnam as a fertile land for their business.
Vietnam posted a trade surplus of nearly US$430 million in the second half of July, after many consecutive months of deficit.
Vietnam’s total coal export volume in the first four months of the year surged five times from the same time last year to more than 544,000 tonnes, according to statistics from the General Department of Customs.
The General Department of Customs has said that the sector will continue reducing customs clearance time for exports and imports and simplifying administrative procedures, thus saving costs in this field.
'It's not just customs procedures; unofficial fees to complete administrative procedures quickly and conveniently are rife across all sectors.'
The turnover of foreign-invested firms continues to dominate Vietnamese exports despite a decline seen in the first half of April, latest statistics show.
China remained Vietnam’s biggest trade partner in the first month of 2017, followed by the Republic of Korea (RoK) and the US, according to the General Department of Customs.
As many as 15,489 smuggling cases have been uncovered this year, the General Department of Customs told a press conference in Hanoi on December 28.
Vietnam’s farming exports in the first eleven months of 2016 reached US$29.1 billion, up 5.9% over the same period of last year, with eight commodities each earning more than US$1 billion.
Vietnam's rice exports have sharply fallen to a seven-year record low because of weak abilities, according to a new report by the Ministry of Agriculture and Rural Development.
Vietnam imported more than 9.7 million tonnes of coal valued at US$600 million over the past eight months, almost double the quantity in the same period last year, according to the latest statistics from the General Department of Customs.
Two-way trade between Vietnam and Australia saw a year-on-year decrease of 19% to US$4.93 billion in 2015, according to latest statistics from the General Department of Customs.
Businesses expect further improvements in customs clearance to promote management efficiency while creating convenience in cross border trade, a conference heard on November 3.
The General Department of Customs said late last week no chicken has been imported from the US at the low price of VND12,000 (US$0.58) per kilo.
Customs forces nationwide detected and handled nearly 11,500 cases of smuggling and trade fraud in the first seven months of this year, as heard at a press conference held by the General Department of Customs in Hanoi on August 28.
As a trade deficit pressure on exchange rate has been predicted, the State Bank of Vietnam is actively operating a forex policy consistent with trade deficit and economic growth.