June exports rose 2.5 percent from the previous month to $14.72 billion
Phones and spare parts took over garments to become the biggest earner
Trade deficit hit $4 billion at the end of September as exports by local companies shrink
As Chinese products become cheaper, Vietnamese manufactures will struggle in both local and foreign markets
Yet certain Vietnamese industries may benefit from cheaper Chinese raw materials
Exports in the January-June period are estimated at US$77.7 billion, while imports could reach US$81.5 billion.
Economists say there is a large volume of illegal trade that is unaccounted for
Imports by foreign-owned enterprises surpass imports of domestic-owned enterprises, suggesting imports are inputs for export production.
Vietnam’s trade deficit to China surged again this year despite pledges to reduce dependence on the dominant supplier following last...
The EU-Vietnam Free Trade Agreement (FTA), set to be concluded by June next year, will help the EU bloc to reduce...