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Tag Archives: Vietnam exports 2011

Cheaper dollar making imports cheaper

Vietnam exports 2011

The dollar price on the black market has dropped by 2000 dong per dollar in comparison with February, while the dollar price quoted by commercial bank has decreased by 1000 dong. The cheaper dollar has been paving the way for more imports to come to Vietnam. At a sugar kiosk …

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Imports now a luxury


The import of so-called inessential luxury goods is on the cards due to a favourable low foreign exchange rate. The official foreign exchange rate has declined to VND20,750 per US dollar on May 6, from a record high level of VND20,930 on April 21. Dollar reserves in Vietnamese banks have …

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Export products from Vietnam gaining popularity


Export products from Vietnam are fast becoming more sought-after by global traders, especially agricultural, aqua and industrial products. In 2010, importers saw Vietnamese agricultural products holding the first and second positions in the world trade market. As much as 50 per cent of pepper consumed in the world comes from …

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