Vietnam, Malaysia enjoy thriving trade
Friday, July 7,2017AsemconnectVietnam - Vietnam and Malaysia recorded a two-way trade value of over 3.97 billion USD in the first five months of 2017, an increase of 27.9 percent year-on-year, according to the Vietnamese Trade Office in Malaysia.
Of the sum, Vietnam’s exports hit 1.73 billion USD, up 57.2 percent while its imports were worth 2.23 billion USD, rising 11.8 percent.
Malaysia is the eighth largest trade partner of Vietnam, accounting for 2.4 percent of the market share, after China, the Republic of Korea, the US, the European Union, Japan, Taiwan (China) and Thailand.
Bilateral trade turnover is projected at about 9.5 billion USD this year.
The Malaysian Department of Statistics said the country’s gross domestic product (GDP) was at 5.6 percent in the first quarter, the highest growth recorded in recent two years.
Malaysia’s economy is expected to continue recovering in the next six months and its GDP in 2017 will grow at 4.5 - 4.8 percent.
Source: Vietnamplus.vn
SBV approves designation of 14 important banks in 2024
Vietnam's petroleum exports and imports in February and 2 months of 2024
Industrial production index increased in 56 localities in 2 months of 2024
Vietnam - Indonesia trade exchange in February and first 2 months of 2024
Agricultural industry had 3 more billion-dollar export commodity groups
Vietnam's seafood exports and imports in first 2 months of 2024
Vietnam - South Korea trade exchange in first 2 months of 2024
Exporting pepper and spices: Improving quality, targeting the high-end market segment
In the first 2 months of the year, Vietnam's anise export reached 1,437 tonnes
Vietnam is the 13th largest mango supply market for the United States
Fertilizer exports and imports in February and first 2 months of 2024
Exports and imports of animal feed and raw materials in February and first 2 months of 2024
Vietnam’s Q1 GDP to moderate amid rising inflation: Standard Chartered
Vietnamese coffee market share in Belgium increased to 20.08%
Plan of Hai Duong province for a period of 2021 - 2030, ...
Organize space reasonably and harmoniously, focusing on connecting Hai Duong in common development space, actively contributing to the ...Plan of Hau Giang province in a period of 2021 - 2030, ...
Sustainable forestry development program in a period of ...
Students promote Vietnamese culture in Russia
The Vietnamese Students’ Association in the Peoples' Friendship University of Russia (RUDN) held an event called "Bamboo Legend” on ...Exhibition on General Vo Nguyen Giap opens in Nghe An
Da Lat festival: Classical music taken out of auditorium ...