Tag: imports

The updated tariff rate was outlined in an Executive Order signed by President Donald J. Trump on August 1.

Electricity generated from coal thermal power plants accounting for 56.8%.

Trade surplus estimated at $14.08 billion.

Indonesia becoming the biggest supplier of cars to Vietnam.

Import turnover from neighboring country stood at $373 million in the opening month of the year.

Portal has helped reduce time and cost spent on normal procedures for imports and exports.

Total export value stood at $227.71 billion and imports $207.52 billion in eight-month period.

Thirty-six product groups posted export revenue of over $1 billion each, with eight posting over $10 billion each.

Vietnam’s total trade value this year as of December 15 was $701.28 billion, a year-on-year rise of 10.5 per cent.

Southern city’s trade grows 10 per cent annually but is in deficit.

The Philippines’ Department of Industry and Trade (DTI) has decided not to impose safeguard duties on High-Density Polyethylene (HDPE) from Vietnam because the latter is a developing country with a negligible volume of imports to the Philippines, at less than 3 per cent of the total. The DTI also decided previously not to apply safeguard duties on Linear Low-Density Polyethylene (LLDPE).

Figures from the General Department of Vietnam Customs show that 18,303 completely-built-up (CBU) motor cars of all kinds were imported in September, with total turnover standing at $367.45 million, a 0.1 per cent increase in number but fall of 4.7 per cent in turnover compared to August. In the first nine months of the year, 114,496 CBU motor cars were imported, with turnover totaling more than $2.6 billion, up 0.2 per cent in number and 3 per cent in turnover year-on-year.

According to the General Department of Customs, in the first seven months of 2022, Vietnam’s exports to Japan reached $13.4 billion, up 13.4 per cent year-on-year, while imports from the country totaled $13.9 billion, up 8.9 per cent. Vietnam therefore posted a trade deficit of $440 million with Japan.

Figures from the General Statistics Office show that more than 63,500 new motor cars were sold in May. Imported cars totaled 19,000 units, up 22.3 per cent in volume and 33.2 per cent in value over the same period last year. Domestically-produced and assembled cars were estimated at 44,500 units, up 13.2 per cent against April and 17.6 per cent year-on-year.

Total export and import turnover reached $373.36 billion in the first seven months of 2021, up 30.2 per cent against the same period last year.