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The Vietnam Commerce Promotion Company (Vietrade) beneath the Ministry of Trade and Commerce will host a session workshop within the southern province of Tay Ninh on June 21 for exporters within the markets of Laos and Thailand.
The hybrid occasion will even be held nearly on Zoom and livestreamed on Vietrade’s Fb Fanpage.
The same occasion can be held the following day to assist Vietnamese companies to export agricultural and meals merchandise to Cambodia.
Based on the Ministry of Trade and Commerce, Vietnam’s commerce with Laos reached $708.2 million 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.
Vietnam principally shipped to Laos iron and metal merchandise, automobiles and elements, equipment and equipment, fertilisers, plastics, and greens.
Thailand has remained amongst Vietnam’s high 10 commerce companions for years. Information from the Worldwide Commerce Centre (ITC) confirmed that the bilateral commerce between the 2 nations elevated seven-fold to $16.58 billion in 2020 from $2.31 billion in 2004, with annual development averaging over 11 %.
Within the first 5 months of this 12 months, the two-way commerce totalled $8.57 billion. Vietnam’s exports to Thailand stood at $2.95 billion, up 15.6 % from the identical interval final 12 months, whereas imports valued $5.26 billion, up 3.5 % year-on-year.
Thai customers are principally in favour of aquatic merchandise, greens, cashew nuts, espresso, pepper and fruits from Vietnam.
Vietnam and Cambodia loved an annual common development of 17 % in bilateral commerce from 2016 – 2020 to succeed in $5.32 billion in 2020.
Vietnam’s exports to Cambodia was price $4.8 billion 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.
Cambodia primarily imported iron and metal merchandise, chemistry, plastics, equipment and electrical gadgets, processed meals, confectionaries and cereal from Vietnam, whereas exporting to Vietnam rubber, cashew nuts and agricultural merchandise. VNA
- Tags: Session workshop
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