Total import-export revenue in the first four months of 2018 is estimated at 144.13 billion USD, up 14.4 percent year on year, according to the General Department of Vietnam Customs.
Of the figure, Vietnam’s export value is likely to reach 73.76 billion USD, a rise of 19 percent over the same period last year, while import value is calculated at 70.37 billion USD, an increase of 10.1 percent.
The highest growth was seen in the export earnings of telephone and spare parts at 36.8 percent to hit 13.42 billion USD, followed by garment products at 15.7 percent, computers, aquaculture products at 13 percent and electronic products and parts 10.83 percent.
Meanwhile, the value of imported computer, electronic products and parts rose 22.3 percent to 13.42 billion USD, while that of machineries, equipment and spare parts dropped 7.4 percent to 10.16 billion USD.
Imports of telephone and spare parts increased 9.8 percent to 4.42 billion USD, and that of fabric of all kinds was up 10 percent year on year to 3.66 billion USD.
In April alone, total trade revenue of the country is estimated at 35.7 billion USD, a drop of 10.8 percent compared to the previous month. Exports showed a reduction of 13.9 percent on a monthly basis to 18.2 billion USD, and imports in the month also fell 7.3 percent month on month to 17.5 billion USD.
As a result, trade surplus in April is estimated at 700 million USD, raising the surplus for the January-April period to 3.39 billion USD.-
Source: VNA
During the two days of November 14th – 15th, at the Provincial Cultural Palace, the Department of Industry and Trade organized a conference to connect the product consumption of the ethnic minorities and the mountainous areas in 2024. There was the attendance of the representatives of leaders of a number of departments, branches, businesses, manufacturers and distributors inside and outside the province.
The One Commune One Product (OCOP) programme is reshaping the rural economy of Lac Son district, helping improve living standards, particularly among the ethnic minority communities in remote areas of Lac Son district.
The Van Mai dam xanh (Bangana lemassoni) fish has long been famous for its unique and delicious flavour, earning a spot on the menus of many restaurants and attracting food connoisseurs. In recent years, residents in Van Mai commune, Mai Chau district, have expanded their fish farming areas and striven to build a strong reputation for their product. They are also working to establish it as an OCOP (One Commune, One Product) item to increase their income.
Outstanding rural industrial products of Hoa Binh province in 2024 were recently honoured and granted certificates, becoming a source of pride for producers and also a boost for local economic development. The honourees are all deeply imbued with the local cultural identity and boast considerable commercial potential, helping popularise the image of Hoa Binh to domestic and international consumers. This is also a solid stepping stone for rural industrial establishments to develop.
In the first 10 months of 2024, Hoa Binh city made significant progress in job creation and labour exports, sending 112 workers abroad through partnerships with authorised recruitment firms.
An award ceremony to announce the official certification for Mai Chau district’s Bangana lemassoni fish, a specialty of the locality because of its unique flavour, was held recently in the district.
