trade turnover

Update news trade turnover

Trade turnover surges over US$42 billion in five months

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.

The launch pad towards the world’s market

Billion-dollar contracts inked during the recent visits of the Japanese Prime Minister and the U.S. Secretary of State indicate the apparent trend of supply chain restructuring.

 

Prolonged nCoV epidemic could affect budget revenue: MoF

If the 2019 novel coronavirus (2019-nCoV) epidemic lingers, production, trade and State budget revenue will be greatly affected, according to the Ministry of Finance (MoF).

Vietnam’s 2019 trade surplus hits four-year record

The country’s trade surplus reached a record high of US$9.9 billion in 2019, the General Statistics Office’s monthly report has revealed.

Vietnam’s trade turnover exceeds $400 billion

Vietnam’s total import-export turnover has surpassed 400 billion USD, according to the General Department of Customs.

Domestic firms outpace foreign invested peers in exports growth

Exports by domestic businesses have increased at a faster pace than that by foreign invested ones between January and October, according to the General Statistics Office (GSO).

Economists warn of risks for Vietnam in the context of ROK-Japan tensions

Vietnam’s production and export activities, and its trade balance, may be affected by the tensions between South Korea and Japan, according to Rong Viet Securities.

Vietnam’s exports in 2018: risks from protectionism anticipated

VietNamNet Bridge - The Ministry of Industry and Trade (MOIT), in its latest report on global trade and the impact on Vietnam, mentioned the possibility of a trade war and the risks of protectionism.

BUSINESS IN BRIEF 2/11

Vietnam - US two-way trade forecast at US$34.9 billion in 2014; Value-added services crucial to VN telecom; Viettel insists on mobile tariff cuts; Business shutdowns outnumber startups;

BUSINESS IN BRIEF 24/1

 Online shopping spurs up express service; Vietnam, China work to promote aquaculture trade; Votive paper market heating up, purchasing power low; RoK investor to pour US$10 million in Ha Nam park

BUSINESS IN BRIEF 23/1

 Japan helps HCM City develop high-tech industry; 2013 trade turnover surpasses US$264 billion; Big deals still reached despite real estate downturn;  Competition to force Vietnam Airlines to cut fares; Limousine service opens in Hanoi

BUSINESS IN BRIEF 21/12

 LG Electronics to build $1.5b factory; Exports to Italy estimated at $2.2b; Paper expo to boost quality; New steel plant opens in HCM City; HCM City allows internet registration; Bank loans $152m for power cables

BUSINESS IN BRIEF 23/4

Possible tax breaks cause concern for budget; Economist urges removal of interest rate caps; Steel sector sees positive signs in 2013; Possible tax breaks cause concern for budget

BUSINESS IN BRIEF 8/4

 Property transactions seen picking up; Power demand up 12 pct in dry season; Drop in rice price after Gov’t stockpiling program; Construction material market in severe deadlock; Market demand remains sluggish