(HBO) – According to the Hoa Binh People’s Committee, the COVID-19 pandemic is affecting trade exchanges between Vietnam and China in the first six months of 2020 as well as the supply of materials for production. 

 

Midori Apparel Vietnam (Hoa Binh) at Luong Son industrial park maintains stable production, contributing significantly to the provincial export turnover.

In the second quarter, export activities face challenges when the pandemic remains complicated in the Europe, the US, and the Middle East. Countries are applying closure measures and restriction of traveling, which seriously affect the local trade activities.

In January-June, the local export turnover was estimated at over 371.9 million USD, a year-on-year decline of 4.95 percent. Of this, exports reached 351.73 million USD, down 5.26 percent, while imports increased 0.96 percent to 301.7 million USD./.

 

 


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