Uk trade deficit with germany

Trade Govt’s trade performance target courts controversy By Ngoc Lan Tuesday,  Oct 22, 2019,17:32 (GMT+7) Govt’s trade performance target courts controversyBy Ngoc Lan Employees are at work. The NA asks the Government to explain the target of a trade deficit below 3% for export revenue next year - PHOTO: TL HANOI –The National Assembly Economic Committee has asked the Government to explain its target of a trade deficit below 3% of export revenue next year given that the country has enjoyed a trade surplus in the past four years. The committee queried whether the target reflects Vietnam’s trade performance. According to a report delivered by the Government on the first working day of the eighth sitting of the National Assembly (NA) on October 21, the country is forecast to see an increase of 7.9% in export turnover and a trade deficit below 3% of export revenue this year. Despite the impact of … [Read more...] about Govt’s trade performance target courts controversy

Of the overall figure, total export turnover hit US$205 billion, while import turnover stood at over US$198 billion. During the first half of October, the country’s total import-export turnover hit close to US$21 billion, resulting in the nation suffering from a trade deficit of US$369 million. Throughout the reviewed period, three main categories of export goods recorded a turnover of over US$1 billion, including telephones and components, computers, in addition to electronics and components. By early December,  import and export turnover is forecast to reach US$500 billion. This figure has been calculated in the context of both the growth rate and the scale of import and export turnover being higher during the final few months of the year. This can largely be attributed to businesses preparing goods for large global shopping events such as Christmas, New Year, and the Lunar New Year festivals in Vietnam and other Asian countries. In 2017, Vietnam’s import and … [Read more...] about Vietnam enjoys growing trade surplus of over US$6.8 billion

Garment-textile was one of the commodities with the export turnover of more than 1 billion USD In the same period last year, Vietnam posted a trade deficit of 114 million USD with Japan. Products with high increases included garment-textile, means of transport and spare parts, machinery, aquatic products, wood and timber products, computers, electronic products and components, and footwear. … [Read more...] about Vietnam runs trade surplus with Japan in January-August

NA Vice Chairman Do Ba Ty (fifth, right) and other Vietnamese officials in a photo with Vice President of the German parliament Thomas Oppermann (fourth, right) (Photo: VNA) Berlin (VNA) – Vice Chairman of the National Assembly (NA) Do Ba Ty led a high-ranking delegation on a working visit to Germany from September 24 to 27. On September 26, the Vice Chairman had talks with Vice President of the German parliament Thomas Oppermann and received Chairman of the parliament’s Defence Committee Wolfgang Hellmich. At the talks with the German parliament’s Vice President, Ty affirmed that Vietnam always attaches importance to reinforcing relations with Germany in all aspects and considers the country a trustworthy and leading partner in Europe. He thanked the parliament for supporting the German Government’s continuation of official development assistance for Vietnam, affirming that the projects funded through that assistance have been greatly helping with … [Read more...] about NA Vice Chairman pays working visit to Germany

The Vietnam-UK Network hosts a panel discussion and networking event named “Vietnam – a Story of Development, Opportunities and Potential” in London on October 2. (Photo: VNA) London (VNA) – The Vietnam-UK Network hosted a panel discussion and networking event named “Vietnam – a Story of Development, Opportunities and Potential” in London on October 2. Themed “Supporting Women in Business and Promoting Trade and Investment,” the event brought together a broad audience of both male and female professionals from all sectors, including trade, finance, entrepreneurs, start-ups, technology, media, arts, healthcare, education, governmental agencies, NGOs and think tanks from Vietnam and the UK. The event allowed the audience to learn more about Vietnam, its journey in the past three decades, culture, social development, opportunities, challenges and potentials, while providing a platform for entrepreneurs from the two countries to … [Read more...] about Vietnam’s economic growth, potential discussed in UK