Vietnam imports expected to hit US$9 bln in Q2
Vietnam’s import value is forecasted to reach 9.1 billion USD in the second quarter of this year, roughly 14.8 per cent higher than last year’s same period, the Ministry of Trade said April 11.
Of the total, import goods by fully domestic-invested companies will be around 5.9 billion USD, the ministry said.
In the second quarter, the country will continue to trade in machines, equipments and production materials, the ministry said.
But, the country is planning to curb imports of consumer goods that can be domestically manufactured or are restricted like four-seat cars or motorbikes, the ministry said.
Vietnam’s imports in the second quarter will mainly come from the European Union, U.S. and China.
The ministry has also set an 8 billion-USD target for the country’s exports in the second quarter, up 23.3 per cent from last year’s same period and about 19 per cent higher than the first quarter’s figure.
Source: VNExpress – Compiled by Hieu Trung.
Story from Thanh Nien News
Published: 11 April, 2005, 21:56:59 (GMT+7)
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