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Thursday, July 16, 2015, Shraban 1, 1422 BS, Ramadan 28, 1436 Hijr

Vietnam, China trade ties experience momentum
Published :Thursday, 16 July, 2015,  Time : 12:00 AM  View Count : 6

HANOI, July 15: Vietnam and China are gaining new impetus in economic relations, as evidenced by the continuous growth in bilateral trade revenue in the first half of 2015.
Statistics from Vietnam's General Statistics Office (GSO) released on Monday showed that China remained the largest trade partner of Vietnam in the first six months of 2015, with bilateral trade revenue reaching some 32.1 billion U.S. dollars.
During the six-month period, China continued to be the biggest supplier of commodities to Vietnam with around 24.4 billion U.S. dollars worth of products, up 23.9 percent year-on-year, said the GSO.
Specifically, according to Vietnam's Ministry of Agriculture and Rural Development (MARD), in the first five months of 2015, Vietnam's imports of commodities from China, such as fertilizer, vegetables and fruit, wood and its products saw increases ranging from 6.3 percent to 16.9 percent, among other items.
Regarding exports, during the six-month period, some 7.7 billion U.S. dollars worth of products were shipped from Vietnam to China, up 3.6 percent year-on-year, the GSO said in the June monthly report on its website.
Vietnam witnessed growth in exports of major farm products to China, including vegetables and fruit, up 23.98 percent, rubber, up 24.01 percent, cassava and its products, up 46.28 percent, compared to the same period a year earlier, the data showed.    ?Xinhua

Editor : Iqbal Sobhan Chowdhury
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