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.
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Meanwhile, during the January-November period, China is the biggest import market of Viet Nam, with an estimated turnover of US$109.9 billion.
In November alone, Viet Nam earned US$29.18 billion from exporting, raising the total export value over 11 months to US$342.21 billion, a year-on-year increase of 13.4 percent.
The Southeast Asian nation spent US$331.61 billion on imports in the January-November period, up 10.1 percent.
During the reviewed period, Viet Nam recorded a trade deficit of US$10.6 billion.