Vietnam spent more than US$1 billion importing approximately 3.64 million tonnes of wheat during the eight-month period, marking a sharp increase of 18.3% in volume but a fall of 6.7% in value, according to statistics released by the General Department of Vietnam Customs.
Vietnam's import and export turnover to the Asian market during the opening seven months of the year reached US$241.84 billion, accounting for the largest proportion at 65% of the total import and export value of Vietnamese goods to the world and a drop of 13.5% on-year, according to the General Department of Customs.
Despite the total import export turnover standing at an estimated US$262.54 billion, still down 14.7% over the same period from last year, the import and export turnover in May showed signs of improvement, according to figures released by the General Statistics Office (GSO).
PSNews - The Ministry of Industry and Trade on May 4 issued a report on Vietnam’s total imports in the first four months of 2022. Accordingly, Vietnam’s total imports expanded 15.7% year-on-year to an estimated 119.8 billion USD in the period.
The nation’s imports and exports achieved an impressive figure of more than US$60 billion during the first month of the lunar New Year, in which the country recorded a trade surplus of nearly US$1.4 billion.
Growing demand for rubber has boosted imports from the 10 biggest markets globally, with their strongly increased imports of rubber from Vietnam.
China is anticipated to import additonal Vietnamese cassava over the coming year due to favourable geographical conditions, according to the Ministry of Industry and Trade.
China's imports of processed fruit and vegetables from the Vietnamese market surged by 34.9% to reach US$213 million during the past 11 months of last year, according to statistics released by China Customs.
Vu Thi Thanh Hanh, general manager of Learth Vietnam Co Ltd, said sales of her company’s VietJoy leaf tea products were very good three months after they entered the Singaporean market.
PSNews - From June 15-21, nearly 1,400 completely built-up Thai cars were imported into Vietnam, accounting for 96% of the total of imported cars.
The Embassy of Indonesia in Hanoi and the Vietnam Coffee and Cocoa Association on February 6 hosted a workshop to boost Indonesia - Vietnam cooperation in the coffee sector.