Soft global demand hits trade value

Soft global demand hits trade value

Vietnam’s weaker manufacturing performance has depressed imports of production inputs, with meagre global demand continuing to affect the country’s trade prospects.
Vietnam expecting to spend even more on imports

Vietnam expecting to spend even more on imports

Imported inflation is one key cause of increased prices in Vietnam, whose production is increasingly dependent on imports from other countries.
Local food producers pick up gauntlet

Local food producers pick up gauntlet

As fruit and seafood imports, particularly from the United States, have risen a great deal in the past three weeks, domestic businesses are exercising plans to cope with this competition.
Trade surplus hits US$3.1 bln in seven months

Trade surplus hits US$3.1 bln in seven months

Vietnam’s exports and imports in the first seven months of 2018 reached US$133.69 billion and US$130.63 billion, witnessing respective year-on-year-increases of 15.3pc and 10.2pc, according to the report of the General Statistics Office.
Will Toyota drop prices to take on imported competition?

Will Toyota drop prices to take on imported competition?

Toyota has just expanded its local factory as other manufacturers are bringing in their first shipments of tax-exempt vehicles to Vietnam.
Free Trade’s future impacts on Vietnam’s outlook

Free Trade’s future impacts on Vietnam’s outlook

The Vietnamese economy’s impressive decade-long performance is partly due to improved trade policies centred on trade liberalisation with greater international economic integration.
US trade deficit swells amid record China gap

US trade deficit swells amid record China gap

WASHINGTON, October 14, 2010 - The US trade deficit ballooned in August as the gap with China hit a fresh record, official data showed Thursday, suggesting further weakness in the economic recovery.

Import tariff jump drives up automobile prices

Vietnam’s higher tariffs on auto part imports, up by 5 per cent from early last week, have forced local auto makers to raise prices. To spur automakers to make vehicle parts in Vietnam rather than import them, the government from September 1 raised tariffs on auto part imports from 20 to 25 per cent.