Trade with Singapore rises 23% in 2014

tohang

Two-way trade between Viet Nam and Singapore experienced a year-on-year increase of 23 per cent to over US$6.52 billion over the past five months, according to the Singapore Department of Statistics.

Singapore City. — Photo baocongthuong

HA NOI (Biz Hub) — Two-way trade between Viet Nam and Singapore experienced a year-on-year increase of 23 per cent to over US$6.52 billion over the past five months, according to the Singapore Department of Statistics.

During the reviewed period, Viet Nam exported over $1.22 billion worth of goods to Singapore, up 24 per cent over the same period last year.

Among the key Vietnamese exports to the market were telephones and their components, boilers, machinery and spare parts. Coffee and tea, as well as glass products, construction glass, and oil and gas comprised the rest of the exports.

Meanwhile, Viet Nam's imports to this island country reached approximately $5.3 billion, a yearly rise of 22 per cent.— VNS


  • Share:

see also

UKs carbon tax to affect VN exports

UK’s carbon tax to affect VN exports

The UK''s carbon border adjustment mechanism will take effect in 2027.
Việt Nam expects to officially export passion fruit to the US next year

Việt Nam expects to officially export passion fruit to the US next year

Negotiations on technical issues were already completed in August. Now, legal procedures are underway for the official export of fresh passion fruit to the US.
VN faced with increasing trade defence investigations on rising protectionism

VN faced with increasing trade defence investigations on rising protectionism

Việt Nam’s exporters faced a significant increase in the number of trade defence investigation cases this year, on the back of rising protectionism worldwide, according to the Ministry of Industry and Trade.
Experts point out economic growth drivers, challenges for next year

Experts point out economic growth drivers, challenges for next year

Several growth drivers are in place to help Việt Nam achieve its GDP growth rate goal of 6.5-7 per cent next year, but rapid and strong international fluctuations remain challenges to watch out for.
Thái Nguyên supports businesses to take advantage of UKVFTA to expand exports to UK

Thái Nguyên supports businesses to take advantage of UKVFTA to expand exports to UK

The northern province of Thái Nguyên has implemented many policies to support local businesses in maximising the potential benefits of the UKVFTA, opening up multiple opportunities for exports to the UK.