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.
Viet Nam’s export-import turnover hits over US$681 bln by mid-November
As of November 15, Viet Nam's total import-export turnover reached US$681.48 billion, a year-on-year increase of 15.7 percent, reported the General Department of Viet Nam Customs.
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Of the figure, foreign direct investment (FDI) sector contributed US$461.33 billion, up 14 percent or US$56.74 billion from the same period last year.
The Southeast Asian nation earned US$352.38 billion from exporting goods, up 14.8 percent, or US$45.54 billion against same period last year.
Key export products include computers, electronics and spare parts up 26.1 percent; machines and tools up 21.7 percent; garments up 10.6 percent; and timber up 21.4 percent.
During the reviewed period, Viet Nam spent US$329.1 billion on imports, up 16.6 percent (or US$46.74 billion).
The country enjoyed a trade surplus of US$23.28 billion.
Viet Nam's trade with the rest of the world is expected to hit US$800 billion by the end of this year./.
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