Heineken to shift production from Singapore to Vietnam and Malaysia
Dutch brewer Heineken will shift its brewing production from Singapore to Vietnam and Malaysia as part of its strategy to build a more agile regional supply approach.
Trade surplus touches US$4.1 billion by mid-February
As of February 15, Viet Nam's total trade with the rest of the world hit US$84.74 billion, of which export value stood at US$ 44.42 billion.
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As such, the Southeast Asian country ran a trade surplus of US$4.1 billion in the reviewed period, according to the General Department of Viet Nam Customs.
In the first half of February, total trade turnover was estimated at US$19.3 billion, a sharp decline in comparison with the first half of January due to Tet holiday which falls on February 8-14.
Specifically, export turnover was estimated at US$10 billion, seeing three commodities raking more than US$1 billion each, including computers, electronic products and spare parts with US$1.86 billion, mobiles and spare parts with US$1.6 billion, machines, equipment and spare part with US$1.18 billion. Meanwhile, import turnover valued US$9.4 billion.
With a positive economic outlook, the Ministry of Industry and Trade aims to increase exports by 6 percent in 2024, running a trade surplus for nine years in a row, estimated at US$15 billion./.
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