Vietnam-India trade posts strong growth

Update: 20:27 | 16/08/2017
Vietnam’s total export-import turnover to India reached US$4.24 billion in the first seven months of this year, representing an annual rise of 42.95%.
TIN LIÊN QUAN
vietnam india trade posts strong growth Vietnam – India trade sees strong growth
vietnam india trade posts strong growth Vietnam, India look to boost tourism links

Of this figure, export value accounted for 2 billion USD, up 34.1%, while imports stood at 2.24 billion USD, up 51.9%, according to the General Department of Vietnam Customs.

vietnam india trade posts strong growth
Exports of iron and steel saw an impressive growth of 991.4%. (Photo: nhipcaudautu)

Exports of iron and steel saw an impressive growth of 991.4%, followed by tea, 565.8%; coal, 424.1%; and plastic materials, 105.2%.

Vietnam’s import of Indian iron and steel products also surged 1,040% against the same period last year. The imports of animal and vegetable oils increased 227.8%; vegetables, 121%; and animal feed and raw materials, 83.8%.

Notably, Vietnam ran a trade surplus with India in June and July, with values increasing each month.

vietnam india trade posts strong growth Int’l seminar celebrates Vietnam-India diplomatic ties

An international conference featuring emerging horizons in Vietnam-India ties is taking place in New Delhi, attracting nearly 50 delegates from Vietnam, Singapore and India.

vietnam india trade posts strong growth Deputy PM Minh’s India visit to deepen bilateral partnership

The upcoming visit to India by Deputy Prime Minister and Foreign Minister Pham Binh Minh aims to seek specific measures to enhance the Vietnam-India comprehensive ...

vietnam india trade posts strong growth Vietnamese products promoted at ASEAN-India exhibition

Vietnam’s top-quality goods have been brought closer to consumers in ASEAN member nations and India as twenty Vietnamese enterprises in food, porcelain and pottery, leather ...

(Source: VNA)