Exports increase in three quarters
Vietnam's export turnover so far this year has amounted to 96.27 billion USD, an increase of 15.5 percent over the same period last year. $0 $0$0 $0 $0The Ministry of Industry and Trade, announcing the figures during a meeting in Ho Chi Minh City on October 17 to review export activities in the third quarter, described this as a silver lining of the economy. By now, there have been 19 products with export turnover topping 1 billion USD each, 11 of which have topped 2 billion USD. Largest earners include telephone and accessories with 15.52 billion USD (79.9 percent increase), garment 13.1 billion (17.3 percent), footwear 6 billion (15.1 percent), machinery 4.37 billion (5.1 percent), wood and wood products 3.87 billion (14.9 percent).
Promoting Export to Optimise Market Opportunities
Promoting export to optimise market opportunities is the main theme of the Export Promotion of Vietnam Forum 2015, held recently in Hanoi.
US Is Vietnam’s Largest Importer
Vietnam’s exports to the US market in the first four months of the year surged to US$9.93 billion, up 15.7 percent compared to the same period last year, according to the statistics from the General Department of Vietnam Customs.
SSIT Presentation April 2013
Carrix/SSA is the preeminent container terminal operator in the Western Hemisphere
Vietnam Trade, Exports and Imports
As per the General Statistics Office (GSO) of Vietnam, the 2009 export turnovers were estimated to be US$56.6 billion, reflecting a drop of 9.7% from 2008.
Understanding Vietnam’s Import and Export Regulations
Once an investor has set up their trading company within Vietnam, it is important that their workers gain a strong understanding of the country’s import and export regulations and procedures.