Update news Vietnam-China trade
VietNamNet Bridge - Doing business with China is one of the biggest problems Vietnam has to deal with as it integrates more deeply into the global economy, economists have said.
VietNamNet Bridge - The $20 billion gap between China’s and Vietnam’s figures about trade revenue still cannot be explained.
VietNamNet Bridge - The General Statistics Office (GSO) says it is unreasonable to attribute the $20 billion gap in figures about Vietnam-China trade released by Vietnamese and Chinese agencies to smuggling.
VietNamNet Bridge - Chinese and Vietnamese agencies have released conflicting figures on import turnover from China that differ by US$20 million, according to the Vietnam Economics Institute which quoted a report from a Chinese statistical agency.
NA deputy Mai Huu Tin made a “shocking” speech at the National Assembly meeting on Monday about the trade deficit between Vietnam and China, an underground economy and the "protective coat" of the economy which is being torn.
VietNamNet Bridge - Vietnam said it imported $43.9 billion worth of products from China in 2014, but China said the figure was $63.8 billion.
VietNamNet Bridge – Vietnam could see a trade deficit in 2015 after three consecutive years of a surplus, as prices for crude oil, which Vietnam exports, have plummeted.
VietNamNet Bridge –China’s deployment of an oil rig and its provocative activities in the East Sea will not do anything good for both Chinese and Vietnamese businessmen.