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Import Export turnover

FDI efficiency needs improving

Foreign direct investment (FDI) projects have made important contributions to Vietnam’s socio-economic development despite several shortcomings in the slow capital disbursement process. Deputy Minister of Planning and Investment Dao Quang Thu said over the past 25 years FDI inflows have helped boost economic growth and increase the effective use of …

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Exports to Middle East hit US$4.2 bln

Exports to key Middle East markets, including the United Arab Emirates (UAE), Turkey, Saudi Arabia, Israel and Iraq, brought in US$4.2 billion to Vietnam last year. The figure represents an increase of 65 percent over 2011, Vietnam Customs reports. The UAE continued to be the largest consumer of Vietnamese goods …

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HCM City exports to top US$30 billion

The Municipal Department of Industry and Trade estimates Ho Chi Minh City’s total 2012 export turnover at US$30.25 billion, a year-on-year increase of 7.36 percent. Speaking at a recent city cabinet meeting, the Department’s Deputy Director Huynh Khanh Hiep said domestic firms accounted for US$21.45 billion of the export turnover, …

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