Sectors which have seen high growth in the past few years such as wooden furniture, garments and textiles, seafood and steel are being placed under special supervision by the Ministry of Industry and Trade (MoIT) to avoid having high tariffs and trade...
Production in the garment and textile sector would be higher in the last
quarter of this year as several domestic exporters have orders till the
end of 2015, and even the first quarter of 2016.
The Australian Wool Growers Association (AWGA) has expressed its desire
to boost co-operation with Viet Nam to support Vietnamese businesses in
technology and human resources training.
Two-way trade between Viet Nam and Russia hit US$2.6 billion last year.
However, it accounted for less than 1 per cent of Viet Nam''s total
import-export activity with the world, which was $298.2 billion.
Viet Nam''s trade surplus in the first 11 months of 2014 has reached US$2
billion, a $100-million increase over the surplus recorded in the first
ten months of the year.