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
Currently, Luong Son district counts 905 business establishments operating in industry and handicraft, helping generate jobs and stable incomes for local labourers.
Hoa Binh scored the highest points in two out of the eight indicators of the Public Administrative Reform (PAR) Index ranking in 2023 that the Ministry of Home Affairs announced on April 17.
A working delegation from Hoa Binh province led by Deputy Secretary of the provincial Party Committee and Chairman of the provincial People’s Committee Bui Van Khanh is attending a programme to popularise Vietnamese products in the US and Canada on April 20-28.
Anyone found to be encroaching upon the forest, even if it is just one bamboo shoot, will face penalties. This commitment has been unanimously added into the covenant of Bua Cau hamlet, Hung Son commune in Kim Boi district, to protect the forest.
The Hoa Binh Power Corporation (PC Hoa Binh) has applied synchronous measures to gear up for the coming summer season when power consumption demand surge may cause a risk of power supply disruption.
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