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Illustrative picture (Photograph: VNA)Hanoi (VNA) – The Vietnam Commerce Promotion Company (Vietrade) underneath the Ministry of Trade and Commerce will host a session workshop in
the southern province of Tay Ninh on June 21 for exporters within the
markets of Laos and Thailand.
The hybrid occasion can even be held nearly on Zoom and
livestreamed on Vietrade’s Fb Fanpage.
An identical occasion will likely be held the following day to assist
Vietnamese companies to export agricultural and meals merchandise to Cambodia.
In keeping with the Ministry of Trade and Commerce, Vietnam’s
commerce with Laos reached 708.2 million USD within the first 5 months of 2022,
with Vietnam’s exports to the neighbouring nation declining 11.7 %
year-on-year to 247.2 million USD.
Vietnam principally shipped to Laos iron and metal merchandise,
automobiles and components, equipment and equipment, fertilisers, plastics, and
greens.
Thailand has remained amongst Vietnam’s prime 10 commerce companions
for years. Knowledge from the Worldwide Commerce Centre (ITC) confirmed that the
bilateral commerce between the 2 international locations elevated seven-fold to 16.58 billion
USD in 2020 from 2.31 billion USD in 2004, with annual progress averaging over 11
%.
Within the first 5 months of this 12 months, the two-way commerce
totalled 8.57 billion USD. Vietnam’s exports to Thailand stood at 2.95 billion
USD, up 15.6 % from the identical interval final 12 months, whereas imports valued 5.26
billion USD, up 3.5 % year-on-year.
Thai shoppers are principally in favour of aquatic merchandise,
greens, cashew nuts, espresso, pepper and fruits from Vietnam.
Vietnam and Cambodia loved an annual common progress of 17
% in bilateral commerce from 2016 – 2020 to succeed in 5.32 billion USD in 2020.
Vietnam’s exports to Cambodia was value 4.8 billion USD in 2021, a year-on-year rise of 15.7 % from the earlier 12 months. The determine surged
by 31.2 % within the first 5 months of this 12 months to 2.6 billion USD.
Cambodia primarily imported iron and metal merchandise, chemistry,
plastics, equipment and electrical units, processed meals, confectionaries and
cereal from Vietnam, whereas exporting to Vietnam rubber, cashew nuts and
agricultural merchandise./.
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