The General Department of Vietnam Customs said the country had a trade deficit worth 400 million USD in November, equivalent to 1.9 percent of total export value.
General Department of
Vietnam Customs said the country had a trade deficit worth 400 million USD in
November, equivalent to 1.9 percent of total export value (Illustrative photo:
VNA)
Specifically, the nation’s
foreign trade in the month was valued at an estimated 43.6 billion USD, down
1.6 percent from the previous month. Of the figure, total export revenue went
down by 4.1 percent to 21.6 billion USD, while import value increased by 1.1
percent to 22 billion USD.
The November figure brought the 11-month foreign trade value to 440.45 billion
USD, up 13.4 percent from the same period in 2017. Despite the deficit in
November, the period still saw a trade surplus worth more than 6.8 billion USD
for the January-November period.
In terms of exports, the item with the highest revenue in the period was
telephone and parts, with 46.14 billion USD, up 11.5 percent year on year. It
was followed by textile-garment with 27.77 billion USD, up 17.4 percent, and
computer, electronics and parts with over 27 billion USD, up 13.9
percent.
In terms of imports, the country spent 38.7 billion USD on computers,
electronics and parts, an increase of 13.6 percent, 30.71 billion USD on
machinery, equipment, tool and spare parts, down 0.7 percent.
Source: VNA
The provincial Department of Agriculture and Rural Development on November 20 coordinated with Hai Dang Group Hoa Binh Seafood Company Limited to release 1.5 tonnes of fries into Hoa Binh Lake to regenerate aquatic resources, with a total value of 266 million VND (10,460 USD).
On the afternoon of November 16, Nguyen Phi Long, alternate member of the Party Central Committee and Secretary of the provincial Party Committee, held a reception for a delegation from the Indian Embassy led by Ambassador Sandeep Arya. The delegation included the chairperson of the Indian Chamber of Commerce in Vietnam, embassy personnel, and Indian businesses operating in Vietnam. Accompanying Long at the meeting were leaders of the provincial People's Committee and representatives from various departments and sectors.
Hoa Binh province hosted the "Meet India 2024" conference on November 16, marking a significant step in strengthening bilateral economic ties between Vietnam and India.
In recent times, with its core role in building and fostering great national unity, Cao Phong district's Vietnam Fatherland Front Committee has actively carried out its responsibilities and front work, and closely collaborated with member organisations to encourage locals to implement the Party’s guidelines, and the State’s policies and laws. At the same time, it has worked to promote the dynamism, creativity, and contributions of officials, Party members, and local people to help the district develop further.
From a type of bulb used as a seasoning for daily meals, thanks to the efforts of local authorities and farmers, shallots have become a commercial crop in Yen Thuy district, contributing to promoting the transformation of crop structure in agricultural production, bringing higher incomes to locals.
