Vietnam’s import-export revenue has increased four-fold in the past decade after joining the WTO, the General Department of Customs reports.
VOV.VN - Vietnam’s steel imports rose 27.24% to US$9 billion last year, while exports dipped 14% to US$2.46, pushing the import surplus to US$6.54 billion, the Vietnam Steel Association (VSA) has officially announced.
A lot needs to be done between now and the end of the year to meet the export growth target of 10%, the Ministry of Industry and Trade (MoIT) has said.
(VOV) - The Vietnam trade deficit widened less than expected in the five months leading up to June and a rebound in imports hinted to some firming in domestic demand early in the second quarter of the year.
(VOV) - Vietnam will have a better chance to boost exports and reduce trade deficit if it makes full use of preferential tariffs by 2015, when the ASEAN Economic Community (AEC) is formed.
(VOV) -Vietnam faced a trade deficit of US$279 million in the first half of March, largely attributable to foreign businesses’ huge imports.
(VOV) - The government has proposed major solutions for realising major socio-economic targets for 2014, aiming to achieve a GDP growth rate of 5.8% and keeping inflation at 7%.
(VOV) -Vietnam earned US$2.19 billion from its exports to India, bringing bilateral trade turnover to US$4.75 billion in the past 11 months, up 33.12% from the previous year, according to statistics released by the Vietnam General Department of Customs (VGDC).
(VOV) -Vietnam’s trade turnover was estimated at US$11.61 billion in the first half of October 2013, with its export revenue worth US$5.75 billion, the Vietnam Customs reported.
(VOV) - Vietnam’s import surplus crept up to US$374 million over the first half of September, bringing the yearly import surplus so far to US$226 million.
(VOV) -The Ministry of Industry and Trade (MoIT) has estimated Vietnam’s eight-month export earnings at US$84.82 billion, representing an annual increase of 14.7 percent.
(VOV) - Import surplus is one of the major problems that Vietnam and China need to address in the coming time.
(VOV) - Two-way trade turnover between Vietnam and India totalled US$2.592 billion in the first half of 2013, a year on year increase of 40.3%.
(VOV) -Vietnam’s exports were estimated at US$10.8 billion and its imports at US$12 billion in May.
(VOV) -Vietnam’s steel industry has seen an import surplus of more than US$2 billion in the first four months of this year.
In the context of the current gloomy economy, the increase in the trade deficit indicates that some businesses are continuing to operate well.
The government’s efforts to stabilize the macro-economy and rein in inflation have paid off, with inflation falling to 18.13 percent this year, says Prime Minister Nguyen Tan Dung.
Vietnam’s trade deficit is estimated at around US$9.5 billion this year, down nearly 25 percent from last year, said the General Statistics Office (GSO).
Imports of machinery and equipment for production now make up 83 percent of the country’s total import value, said the Ministry of Industry and Trade (MoIT) at a conference in Hanoi on September 28.
From an export surplus of US$1.1 billion in July, the General Statistics Office (GSO) estimates that Vietnam will record an import surplus of about US$800 million for August.