return icon Vietnamnet.vn

Vietnam-Asia trade reaches nearly 475.3 billion USD in 2022

Vietnam’s merchandise trade with Asia reached 475.29 billion USD in 2022, increasing by 9.6% compared to 2021 and accounting for the highest proportion (65.1%) in the country's total import-export value.
Vietnam-Asia trade reaches nearly 475.3 billion USD in 2022 hinh anh 1
Vietnamese lychees are sold at an AEON supermarket in Japan which is a major trade partner of Vietnam in Asia. (Photo: VNA)

Accordingly, Vietnam’s exports to other Asian countries reached 177.26 billion USD in 2022, up 9.5% year-on-year. The country’s imports from other Asian nations hit 298.03 billion USD, up 9.6%.

Vietnam saw a trade deficit with only Asia among the five continents.

Major trade partners of Vietnam in Asia include China, the Republic of Korea, Japan, and the Association of Southeast Asian Nations (ASEAN).

According to preliminary statistics of the General Department of Customs, Vietnam's total import-export value of goods reached 730.2 billion USD last year, up 9.1% compared to 2021. 

The value of imports and exports between Vietnam and Americas, Europe, Oceania, and Africa was 153.73 billion USD (up 10.5%), 75.45 billion USD (up 2.8%), 17.62 billion USD (up 24.3%) and 8.1 billion (down 3.9%) respectively./. VNA

MORE NEWS

VIETNAM NEWS HEADLINES MARCH 22/2023

PM chairs dialogue with youngsters nationwide

Ministry threatens to punish telcos for junk-simcards

The Ministry of Information and Communications (MIC) is intending to mete out punishment with a heavy hand to telecom carriers that do not stop junk sim-cards in the market.

Vietnam moves up in ranking of internet speed

The quality of internet service has improved following instructions by the Ministry of Information and Communications (MIC). Vietnam now ranks 39th globally in terms of fixed internet and 52nd in mobile internet speed.

Banks hold US$8 billion worth of corporate bonds

The proportion of corporate bonds to total assets of commercial banks is not too large but risks still exist, especially if banks hold bonds of weak real estate firms, according to Le Hong Khang from FiinRatings.

Small ship itineraries in Vietnam amongst best Southeast Asia cruises

Small ship itineraries along Ha Long Bay, the Red (Hong) River and the Lower Mekong River in Viet Nam were named among the top four best Southeast Asia cruises by the U.S. travel guidebook series Frommer’s.

Vietnamese stock market's publicity and transparency improved

It is believed that the enhancement will help shore up investor confidence in the Vietanmese stock market after recent scandals.

Investors voice concerns over unresolved pricing for renewable projects

Investors of numerous renewable energy projects demanded solutions to resolve pricing issues in a meeting with Vietnam Electricity (EVN) on Monday.

Hanoi's decade-long effort to clear pavements with no significant results

Despite efforts for 10 years, Hanoi's pavements are still cluttered and have not been returned to pedestrians.

Military inspectors deployed to support understaffed vehicle registration centres

Understaffed vehicle registration centres in Hanoi and HCM City have received support from the military as they struggle to cope with the surge in demand caused by the closure of several centres for investigation in recent few months.

Vietnam to develop policies to adapt to global minimum tax

Vietnam will adjust investment policies to adapt to the global minimum tax rate and remain an attractive destination for investment.

Hanoi drafts to restore local relics with US$593.6 million

Restoring relics and heritage sites is one of Hanoi's goals and is part of the city's efforts to boost its tourism sector.

University ranking group answers criticisms about its transparency

Nguyen Vinh San from the University of Education, a member school of University of Da Nang, and a member of the Vietnam University Ranking Group, said the group has received opinions about the quality and reliability of the ranking.

Foreign associations want dollar interest rate cap removed

Foreign business associations have proposed the State Bank of Vietnam (SBV) remove the U.S. dollar interest rate cap at 0%, reported the local media.

SBV tightens control on corporate bond acquisitions by banks

The State Bank of Vietnam (SBV), the nation’s central bank, is taking steps to tighten control on commercial banks’ acquisitions of corporate bonds.

Retailers slash prices on low-priced smartphones

The consumption of low- and mid-end smartphones has dropped by 50 percent compared with the same period last year, causing difficulties in cash flow for retailers.
back_to_top