Reducing trade deficit with China to progress to trade balance from the market shape one of the major policies and key activities of the Ministry of Industry and Trade (MoIT), an official has said.
VOV.VN - The country’s exports in September is estimated to reach US$15 billion, down 6.8% compared to August, according to the latest statistics from the General Statistics Office of Vietnam (GSO).
The free trade agreement between Vietnam and the Republic of Korea (RoK) will bring enormous economic benefits for the Southeast Asian country.
The country posted a trade surplus of nearly US$1.8 billion in the first seven months of this year, according to the General Statistics Office (GSO).
VOV.VN - The trade deficit with Singapore in the first half of 2016 has continued to rear its ugly head despite the efforts of the private sector to increase the reach of their products into the Singaporean market.
VOV.VN - Despite a modest contraction of the Vietnam trade deficit in the five months leading up to May, the Ministry of Industry and Trade (MoIT) forecasts a wider shortfall for the full fiscal year.
Vietnam saw a trade deficit of US$177 million in May after two months enjoying slight surplus, according to statistics from the General Department of Vietnam Customs.
Vietnam is predicted to continue running a trade deficit in 2016 that will be under 5% of total export revenue, according to the Ministry of Industry and Trade (MoIT).
A negotiation delegation from the EU is on a working visit to Vietnam to raise public awareness of how to optimise the benefits and opportunities from the freshly-concluded free trade agreement between two sides (EVFTA).
Vietnam saw a reduction in its trade deficit with China in the first quarter of 2016, raising expectations of an ongoing decline in this deficit for the whole year.
President of the French National Assembly Claude Bartolone has said he wants to hold exchanges with Vietnam’s relevant agencies on how to increase the investment of French businesses in Vietnam, during his ongoing visit to the Southeast Asian country.
VOV.VN - In 2015, the Vietnam trade deficit with China hit an all-time record high of US$32.3 billion and the effect on the nation’s economy has not been beneficial, says the Ministry of Industry and Trade (MoIT).
Vietnam suffered a massive US$32.3 billion trade deficit with China, where it imported from a needle to an elephant, in 2015.
The deficit Vietnam runs with its Southeast Asian neighbors is going up as what the country has earned from exports are eclipsed by what it has paid for imports, according to newly released statistics from the General Department of Vietnam Customs.
Vietnam targets 10% export growth in 2016, said Deputy Minister of Industry and Trade Tran Tuan Anh during a teleconference on December 31.
Vietnam’s economy may grow 6.7%-6.8% next year, according to the National Financial Supervisory Commission (NFSC).
Vietnam's economy this year bounced back and exceeded expectations with the GDP growth rate reaching an estimated 6.7%- the highest rate in five years.
Vietnam’s export turnover in 2015 is estimated at US$162.4 billion, representing a year-on-year increase of 8.1%, the lowest pace over the past five years.
Vietnam’s trade deficit with China and several other countries are expected to widen in 2015, the latest customs data show.
(VOV) - Vietnamese bought record amounts of goods from China in 2015, pushing the trade gap to a historic high, according to the latest statistics from the General Statistics Office (GSO).