January 2, 2012
Vietnam will find it difficult to sustain into the new year the trade deficit reduction that it managed in 2011, given that it plans to reduce import tariffs on many products and that the ongoing global recession could hurt its exports, experts say. Vietnam’s trade deficit narrowed to US$9.5 billion from $12.4 billion in [...]
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October 6, 2009
LookAtVietnam – Minister of Industry and Trade Vu Huy Hoang points out that Vietnam’s achievements are still much better than that of many other countries. Minister of Industry and Trade Vu Huy HoangVietNamNet: What would you say on the decreasing exports and the possible minus export growth rate forecast for 2009? Vu Huy Hoang: It is [...]
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September 5, 2009
A female worker sews shirts at a Vietnamese garment company in Hanoi. Vietnam is likely to maintain its export earnings at the same level as last year on the strength of market expansion and partial recovery of the world economy, experts say. âIn the context of the world economy recovering faster than expected, and firms [...]
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September 4, 2009
LookAtVietnam – Deputy Minister of Industry and Trade Nguyen Thanh Bien said that one should not focus only on export revenues. Deputy Minister of Industry and Trade Nguyen Thanh Bien The Ministry of Industry and Trade (MOIT), in its latest report, pointed out that Vietnam has to reap $27.31 billion in export revenues in the [...]
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August 25, 2009
LookAtVietnam – Now that demand from Western customers is depressed by the global economic crisis, Vietnamese businesses have been eyeing Cambodia, a neighbouring market. Fifty Vietnamese businesses joined an ‘export-on-the-spot’ fair on August 23 at the newly-opened Tinh Bien Border Economic Zone (BEZ). The new facility is at a border crossing between Vietnam’s delta province [...]
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July 2, 2009
LookAtVietnam – The agro-forestry and fishery industry need to find new markets, promote trade and boost production to achieve their export target of US$12.5 billion for this year, said Deputy Minister of Agricultural and Rural Development Luong Le Phuong. Fishermen harvest tra catfish in the southern province of An Giang.The sector also had to build [...]
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March 24, 2009
Despite a trade surplus of 400 million USD in March, the Ministry of Industry and Trade warned of a hard period ahead for the export sector due to its first quarter revenues meeting just two-thirds of the target. The ministry reported the nation earned 4.7 billion USD from exports in March, bringing the total revenue [...]
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