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 trade with ASEAN up 35% in January
Viet Nam’s trade value with other ASEAN Member States saw a year-on-year increase of 35 percent in January, reaching US$6.81 billion, statistics of the General Department of Customs showed.
 |
| In January, within ASEAN, Thailand continues the biggest importer of Viet Nam's commodities with US$734 million, accounting for 22 percent and up 31.6 percent - Photo: Thuy Dung |
During the month, Viet Nam's exports to the bloc hit US$3.19 billion, up 45 percent and making up 9.2 percent of the nation's total export value.
Within ASEAN, Thailand continued the biggest importer of Viet Nam's commodities with US$734 million, accounting for 22 percent and up 31.6 percent.
It was followed by Indonesia US$562 million, up 59 percent, the Philippines US$498 million, up 71 percent, Cambodia US$448 million, up 17 percent, Malaysia US$464 million, up 73 percent and Singapore US$397 million, up 36 percent.
Remarkably, in the first month of the year, Viet Nam's exports to Laos recorded a remarkable growth of 104 percent, achieving US$56 million.
Meanwhile, the nation spent US$3.62 billion in imports from the bloc, up 28 percent and making up 11.7 percent of the country's total import value.
In January, Viet Nam reported a trade deficit of US$430 million with other countries in ASEAN.
Last year, Viet Nam's trade value with ASEAN attained US$73.4 billion. The country's exports and imports from the bloc were estimated at US$32.5 billion and US$40.8 billion, down 4.5 percent and 13.4 percent, respectively./.
Bài liên quan
Dành cho bạn
Đọc thêm
Lynas secures Vietnam metal processing deal with LS Eco Energy
Australian rare-earths miner Lynas has signed a framework agreement with LS Eco Energy to produce rare earth metals at a new facility in Vietnam.
Vietnam and EU seek to strengthen ties in transport infrastructure and urban development
Vietnam and the EU will enhance cooperation in transport infrastructure and sustainable urban development in the future, a meeting has heard.
Warburg Pincus eyes participation in Vietnam International Finance Centre
Global private equity firm Warburg Pincus is keen on participating in the Vietnam International Finance Centre, according to a conference held on March 23.
Novatek eyes expanded LNG cooperation in Vietnam
As Vietnam races to secure its energy future and meet the demands of its surging economy, a new partnership with a Russian energy giant is taking shape, signalling a deepening of the nations' long-standing ties.
EU to mobilise over $1 billion for major infrastructure projects in Vietnam
The European Union has launched a $46.4 million Sustainable Transport Development Fund to support large-scale infrastructure projects in Vietnam, with plans to mobilise additional financing from banks and private partners.
NIC partners with TU Berlin to boost Vietnam innovation ties
The National Innovation Centre has partnered with a leading technical university in Berlin to strengthen innovation and startup linkages between Vietnam and Germany.
ACB proposes $20 million non-life insurance subsidiary
Southern lender ACB has unveiled a formal proposal to establish a non-life insurance subsidiary as part of a strategic pivot to evolve into a comprehensive financial services provider by 2030.
