According to Director of the European-American Market Department under the Ministry of Industry and Trade, Ta Hoang Linh, the two-way trade revenue between the two countries expanded at 10% over recent years. Total import-export revenue between Vietnam and the Czech Republic reached US$298.01 million in 2018, up nearly 16% compared to 2017.

Apparel is among Vietnam's exports to the Czech Republic.

In the first quarter of 2019, total import-export revenue between Vietnam and Czech was reported at US$64.643 million, down 12%. Of which, Vietnam’s exports to Czech reached US$37.766 million, up 2.4%, while Czech’s exports to Vietnam were US$26.876 million, down 27.6%.

Deputy Director of the European-American Market Department, Nguyen Khanh Ngoc, said that Vietnam’s exports to the Czech Republic include footwear, apparel, seafood, consumer goods, computers and parts, mobile phones, and others.

At the sixth meeting of the Vietnam-Czech Republic Intergovernmental Committee on economic cooperation in March 2018 in Hanoi, the two sides expressed their wishes to continue to strengthen diplomatic and economic cooperation for the mutual benefits of both countries.

In particular, the Czech Republic put Vietnam on the list of 12 key markets given priorities in foreign trade under the Czech international trade strategy in the 2012-2020 period. Vietnam is the only representative from ASEAN named on the list.

Ngoc noted that to promote exports to the Czech Republic, Vietnamese enterprises should participate in supply chains of large retail systems in the host country in addition to boosting direct sales to importers and distributors.

Garment-textile export turnover sees highest growth in three years

The garment-textile sector has grossed over 36 billion USD in export turnover this year, up 16.01 percent against the previous year, heard a conference in Hanoi on December 14.

 

Export turnover hits over 5.7 billion USD

(BGO) – The Department of Industry and Trade in the northern province of Bac Giang has recorded the October export turnover of 569 million USD in the province, bringing the total accumulated figure from the beginning of this year up to over 5.7 billion USD, rising 1.4 percent comparing to the same period in 2017. 

 

Bac Giang’s export turnover hits 17.5 million USD on first working day

(BGO) – The Customs Branch controlling the Industrial Parks in Bac Giang province reported receiving about 400 declaration sheets for import and export on the first working day on the occasion of Lunar New Year 2018.

 

Agriculture sector targets 40 billion USD in export turnover

The Ministry of Agriculture and Rural Development will strive to achieve agricultural growth of at least 3 percent and earn roughly 40 billion USD from exports this year. 

 

Vietnam import-export turnover hits 400 billion USD

Total import-export revenue this year reached 400 billion USD in mid-December, representing a fourfold increase in ten years.

 

Source: NDO