According to the General Statistics Office (GSO), Vietnam earned some 19.9 billion USD in exports in April, down 12.6 percent month on month but still up 7.5 percent year on year.

Workers process tra fish at the factory of the An My Fish JSC in Phu Hoa township of Thoai Son district, An Giang province.

In the first four months of 2019, the export revenue was estimated at 78.76 billion USD, up 5.8 percent from a year earlier. The figure consisted of 23.33 billion USD contributed by domestic companies and 55.43 billion USD (including crude oil) by foreign invested firms, respectively rising by 10.5 percent and 4 percent.

There were 16 commodities with export turnover of more than 1 billion USD each, and they accounted for 81.2 percent of the total shipments.

They include mobile phones and components (16 billion USD – down 0.2 percent); electronic products, computers and components (9.6 billion USD – up 12.6 percent); textile-garment (9.4 billion USD – up 9.8 percent); footwear (5.3 billion USD – up 13.4 percent); machinery, equipment and spare parts (5.3 billion USD – up 4.1 percent); timber and wood products (3.1 billion USD – up 17.8 percent); transport vehicles and spare parts (2.9 billion USD – up 5.7 percent); and aquatic products (2.4 billion USD – down 1.3 percent).

The US was the largest export market of Vietnam between January and April when it imported 17.8 billion USD worth of Vietnamese goods, up 28.4 percent. It was followed by the EU (13.7 billion USD – up 2.8 percent), China (10.4 billion USD – down 5.8 percent), ASEAN (8.4 billion USD – up 7.3 percent), the Republic of Korea (6.2 billion USD – up 7.3 percent), and Japan (6.1 billion USD – up 6.6 percent).

Meanwhile, about 20.6 billion USD worth of goods was imported into Vietnam in April, down 2.6 percent month on month but up 17.6 percent year on year, the GSO reported.

In the first four months, the country’s import turnover was estimated at 78.05 billion USD, up 10.4 percent from the same period of 2018. That included 32.8 billion USD worth of items imported by domestic businesses and 45.25 billion USD by foreign invested ones, up 14.4 percent and 7.6 percent, respectively.

With 22.3 billion USD (up 18.8 percent), China remained the biggest supplier of goods for Vietnam. It was followed by the Republic of Korea (15.5 billion USD – up 3.1 percent), ASEAN (10.8 billion USD – up 9.2 percent), Japan (5.7 billion USD – down 1.4 percent), the EU (4.6 billion USD – up 14.8 percent), and the US (4.2 billion USD – up 14.3 percent).

Vietnam, China to enhance trade on farm produce

Minister of Industry and Trade Tran Tuan Anh has held a working session with head of China’s General Administration of Customs Ni Yuefeng to seek ways to boost bilateral trade ties in a more balanced and sustainable manner.

 

Chang Son – a destination of cultural and trade village tourism

Chang Son commune, which belonged to Nua district in the past (now the central region of Thach That district in Hanoi), is a countryside location with unique traditional cultural identities in Xu Doai (also called Son Tay province in the old days).

 

133 outstanding trade unionist honored

(BGO) – A ceremony was held on April 24 by the Labor Federation in the northern province of Bac Giang to honor the outstanding labors on the occasion of the 133th anniversary of International Workers’ Day (May 1 1886 - 2019) and launch the Worker Month 2019.

 

ASEAN economic ministers ink investment, trade pacts

The ASEAN Trade in Services Agreement (ATISA) and the fourth protocol amending the ASEAN Comprehensive Investment Agreement (ACIA) were inked by ASEAN economic ministers in Thailand on April 23.

 

CPTPP to help promote Vietnam-Canada economic, trade ties

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is expected to boost economic and trade cooperation between Vietnam and Canada once it takes effect, according to insiders.

 

Source: VNA