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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The above figure include nearly US$14.3 billion in export revenue in the first half of July.
Key export items included phones and accessories (US$1.86 billion); machines, equipment and tools (US$1.84 billion); textiles (US$1.8 billion); computers, electronics and spare parts (US$1.66 billion); and footwear (US$1.09 billion).
Meanwhile, Viet Nam paid US$16.3 billion to buy commodities abroad with key items being computers, electronics and spare parts (US$3.84 billion) and machines, equipment and tools (US$2.1 billion).
By mid-July, the nation reported a trade surplus of around US$1 billion./.